Oil rig count sees small hike despite rigs evacuating the Gulf

The net gain for the amount of rigs actively drilling is eight rigs — including the addition of one inland waters rig — with seven of the net additions drilling for natural gas and one primarily seeking oil, according to the weekly count from the Baker Hughes oilfield services firm. However, the oil rig count’s net gain is skewed because most of the evacuated offshore rigs likely were drilling for oil.
Source: FuelFix