Friday, December 3, 2010

U.S. Rig Count: +26 to 1,713

The Baker Hughes weekly rig count for the U.S. jumped by 26 to 1,713, the highest level since December 26, 2008.  Oil rigs increased by 18 to 742 and gas rigs increased by 8 to 961.  Miscellaneous rigs held steady at ten.  By type, horizontal rigs were up 18, vertical rigs up six and directional rigs up two.  Horizontal rigs now represent 56.4% of domestic rigs deployed, a record high level.

The rig count in the Haynesville region, inclusive of other formations, was up by three to 184.  North Louisiana held steady at 123 while east Texas was up three to 61.

I hope to have detailed Haynesville Shale rig counts by late afternoon, but I am out west this weekend and it might be later than usual.

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