U.S. loses five rigs

  • Associated Press February 8, 2013

HOUSTON — Oilfield services company Baker Hughes Inc. said the number of rigs actively exploring for oil and natural gas in the U.S. dropped by five this week to 1,759.

The Houston-based company said in its weekly report Friday that 1,330 rigs were actively exploring for oil and 425 for gas. Four were listed as miscellaneous. A year ago, Baker Hughes counted 1,989 working rigs.

Of the major oil- and gas-producing states, Louisiana gained five rigs, Pennsylvania gained two and Colorado increased by one.

New Mexico lost three rigs, North Dakota and Texas each decreased by two, and Alaska, West Virginia and Wyoming dropped one each. Arkansas, California and Oklahoma remained unchanged.

The rig count peaked at 4.530 in 1981 and bottomed at 488 in 1999.


blog comments powered by Disqus

Tighter security at Beth-Center, Frazier football game after threat

Hickory man killed in motorcycle wreck after fleeing police

Environmental group files federal lawsuit against Monessen coke plant

City Council clashes over contract

Washington police seek wallet thief

Sen. Casey: Contain expected increases in Medicare-related costs next year

Boroughs association to meet

Blessing of the animals service planned

Houston Pumpkin Festival kicks off 32nd year

Former Avella man accused of assaulting sheriff’s deputy