Friday, July 3, 2009

Rig Counts: Up Again Nationally

Rig counts, as compiled by Baker Hughes, were up in the U.S. for the third straight week, rising by 11 to 928. The rig count is off its recent low of three weeks ago by 52 rigs. As expected, most of this week's increase came in oil rigs (+10), but there was a slight increase in gas rigs (+1).

In the Haynesville region of North LA and East TX, the rig count dropped by one to 123.

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