For a long time, the number of oil rigs in the United States has remained unchanged. Recently, the oil companies have increased their number. Experts emphasize that such a boost in this sector happened for the first time in eight weeks. Despite job cuts in most US companies, the American energy sector boasts a surge in the number of rigs. According to analysts, currently, there are no problems with employment and equipment in this sector. Over the past week, the number of oil rigs has grown by two units reaching a total of 712. This is much less compared to the 869 units that were in operation last year, the oil service company Baker Hughes reports. Earlier, experts have recorded a decrease in the number of drilling rigs over the past ten months. This is a crucial indicator for calculating the volume of future oil production in the United States. The reason for the deterioration of drilling statistics lies in the total costs reduction of drilling new wells. Most of the US oilfield service companies prefer to invest in short-term projects with quick gains. However, increasing production is a long-term project which is not their priority.
