Friday, February 4, 2011

U.S. Rig Count: +7 to 1,739

The weekly Baker Hughes rig count showed a seven rig increase nationwide, bringing the working rig count to 1,739. Oil rigs were up nine to 818 while gas rigs were down two to 911.  Miscellaneous rigs held at ten.  By type, horizontal rigs were up eight, vertical rigs up seven and directional rigs down eight.

In the Haynesville Shale region, inclusive of other formations, the rig count dropped by seven to 170.  The count was down three in north Louisiana to 114 and down four in east Texas to 56.

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