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US rig count rises 8 this week to 885; Texas up 8

May 15, 2017

The number of rigs exploring for oil and natural gas in the U.S. rose by eight this week to 885.

A year ago, only 406 rigs were active amid a slump in energy prices.

Houston oilfield services company Baker Hughes Inc. said Friday that 712 rigs sought oil and 172 explored for natural gas this week. One was listed as miscellaneous.

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