Friday, December 17, 2010

U.S. Rig Count: -14 to 1,709

The weekly Baker Hughes rig count showed a 14 rig decrease to 1,709 working rigs in the U.S. The number of oil rigs (756) and gas rigs (941) both decreased by seven, while the number of miscellaneous rigs (12) was unchanged.  By type, horizontal rigs were down 12, directional rigs were down five and vertical rigs were up three.

In the Haynesville region, exclusive of other formations, the rig count increased by five to 184.  North Louisiana (124) gained five rigs, while east Texas (60) was unchanged.

The detailed Haynesville Shale count will be completed later this afternoon.

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