• A middling week for rig additions
• Total US oil rigs were up 11 to 733
• US horizontal oil rigs added 7 to 633
• Rig additions may still have been affected by logistics considerations associated with the Memorial Day weekend
Click on graph for larger image.CR note: This graph shows the US horizontal rig count by basin.
Graph and comments Courtesy of Steven Kopits of Princeton Energy Advisors LLC.