Drilling activity continues to trend upward, posting a second consecutive weekly gain. Oilfield services firm Baker Hughes said Friday its U.S. rig count rose four rigs to 586 rigs for the week.

The number of active rigs drilling for oil and gas in the U.S. rose by 4 to 586, a week after the count rose by 6, Baker Hughes said Friday in its latest weekly report. Despite the week's rig ...

Oil-directed rigs accounted for most of the sharp increase in the drilling rig count in Canada during the week ended Jan. 10. Oil-directed rigs accounted for most of the sharp increase in the ...