The U.S. rig count rose by eight in the last week, according to Enverus Rig Analytics. The count is up 8% in the last month but still down 38% year-over-year.
The month-over-month increase included 31 added in Texas, which is about 49% of the U.S. total with rigs in the Permian Basin and Eagle Ford Shale leading the way.
In the Permian, eight rigs were added in Midland County alone and four were added in Glasscock County, which includes two rigs operated by Exxon Mobil Corp. According to Enverus, the company hadn’t run a two-rig program in the county since July 2019.