Friday, June 3, 2016

UPDATE 1-U.S. oil drillers add rigs for 2nd time in 2016 -Baker Hughes

(Adds state and basin data)

June 3 (Reuters) - U.S. energy firms this week added rigs

drilling for oil for the second time this year, energy services

company Baker Hughes Inc said on Friday, after crude

prices briefly tested a seven-month high over $50 a barrel over

the past two weeks.

That was a key price level that analysts and producers had

said would likely trigger a return to the well pad.

Drillers added 9 oil rigs in the week to June 3, bringing

the total rig count up to 325

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