US rig count rose 1 to 1,874

Published July 3, 2014 6:01pm ET



HOUSTON (AP) — Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. rose by one this week to 1,874.

The Houston firm said in its weekly report Thursday that 1,562 rigs were exploring for oil and 311 for gas. One was listed as miscellaneous. A year ago there were 1,757 active rigs.

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