U.S. rig count is 475 active rigs (down 9). 55 rigs are waiting to spud (up 23). 394 drilling permits were issued (up 33)
RigData US rig count took a hit this week, down (-20) from 488 to 468. US Permit Count also down, (-72) to 445.
According to the RigData Locations & Operators Report, the U.S rig count gained (+6) up to 452 this week. The U.S. Land rig count gained (+3) to 395.
Although US land rig day rates continued to fall in April, there is a glimmer of hope that the bottom might be near.