The US drilling rig count gained 5 units to reach 1,008 during the week ended Apr. 13, data from Baker Hughes indicate. The report shows an overall increase of 161 units from year-ago levels.

Offshore units were up 4 to 16 units working in the Gulf of Mexico. A total of 988 rigs were drilling on land, up 1 unit from last week.

For the full story, please click here.