Friday, July 22, 2016

UPDATE 1-U.S. oil drillers add rigs for fourth straight week - Baker Hughes

(Adds basin details, natural gas rigs to the total count)

July 22 (Reuters) - U.S. drillers this week added oil rigs

for a fourth consecutive week, according to a closely followed

report on Friday, with the recent return to the well pad

expected to soften the decline in domestic crude production.

Drillers added 14 oil rigs in the week to July 22, bringing

the total rig count up to 371, compared with 659 a year ago,

energy services firm Baker Hughes Inc said. That is the

biggest weekly

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