Friday, October 22, 2010

U.S. Rig Count: -1 to 1,669

The weekly Baker Hughes rig count showed a one rig drop to 1,669.  Gas rigs dropped one to 965, while oil rigs stayed at 695.  By type, directional rigs jumped 17, while horizontal rigs decreased by 19.  Vertical rigs increased by one.

In the Haynesville Shale region, inclusive of other formations, the rig count dropped by two to 200.  Both north Louisiana and east Texas decreased by one rig, leaving Louisiana at 131 rigs and Texas at 69.

I hope to have detailed Haynesville rig counts done by late afternoon today.

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