Modest increase bumps US rig count to 397, extends streak to 12 weeks of gains

US offshore drillers add one rig

The Permian basin saw the greatest gain in the weekly rig count
The Permian basin saw the greatest gain in the weekly rig countPhoto: REUTERS/SCANPIX
Published 12 February 2021, 20:27Updated 12 February 2021, 20:27