Wall Street Journal | US Oil Rig Count Rises, While Gas Rig Count Falls Wall Street Journal The U.S. oil rig count is typically viewed as a proxy for activity in the sector. After peaking at 1,609 in October 2014, low oil prices put downward pressure on production and the rig count fell sharply. The oil-rig count has generally been rising ... US Oil & Gas Rig Count Falls As Brent Breaks $60 Baker Hughes reports a slight rise in US oil-rig count |