Must-know: US oil rig counts reached a new 2014 high of 1,423 By Ingrid Pan, CFA - Disclosure • Feb 21, 2014 2:05 pm EST • EOG • OAS • PXD • XLE • XOM Continued from Part 1: Why rig counts show a stable oil and gas drilling environmentOil rig counts increased last week to 1,423, the highest level since 2014 beganLast week, the Baker Hughes oil rig count increased from 1,416 to 1,423, the highest level since 2014 began. Oil rig counts have risen by 45 (or 3%) since the beginning of 2014, with a large part of...