Thursday, December 30, 2010

U.S. Rig Count: -20 to 1,694

The weekly Baker Hughes rig count showed a 20 rig decrease in the U.S., dropping to 1,694.  Gas rigs dropped 12 to 919, oil rigs decreased by six to 765 and miscellaneous rigs were down two to 10.  By type, horizontal rigs were down 12, vertical rigs down 11 and directional rigs up three.

In the Haynesville region, inclusive of other formations, the rig count decreased by three to 179.  The count was up two in N. Louisiana to 123 and down five in east Texas to 56.

The detailed Haynesville Shale rig count should be available Friday, as I am on the road today and can't work on it until tonight.

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