The US energy firms continued to add oil and natural gas rigs last week after increasing the rig count in 2021 after two years of declines. The oil and gas rig count rose two to 588 in the week to January 7, its highest since April 2020, energy services firm Baker Hughes Co said on Friday. The total rig count was up 228 rigs, or 63%, over this time last year. The US oil rig count rose one to 481, hitting highest since April 2020, while gas rigs edged up by 1 to 107, their highest since March 2020.
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