UPDATE 2-U.S. oil rig count at record high-Baker Hughes

* Oil rig count up 34 at 1,112 - Baker Hughes
* Rig count 55 pct higher than a year ago
(Adds graphic)
Nov 4 (Reuters) - The number of oil drilling rigs in the
United States jumped by 34 this week to 1,112, the highest on
record, data from oil services firm Baker Hughes showed on
Friday.
This is the highest level on the company's online data,
which goes back to 1987.
The rise reflects U.S. oil companies' growing activity in
the country's unconventional tight oil plays, where output is
expected to reach as high as 2 million barrels-per-day in the
coming five years.
The oil-directed rig count this week is 55 percent higher
than a year ago, when 718 rigs were operating.
(Graphic on U.S. Oil rig count:
link.reuters.com/qeg84s )
The highest weekly U.S. count for both oil and natural-gas
directed rigs was 4,530 recorded on Dec. 28, 1981, Baker Hughes
says on its website.
(Reporting by Selam Gebrekidan; Editing by Marguerita Choy)