Friday, May 13, 2011

U.S. Rig Count: -6 to 1,830

The weekly Baker Hughes rig count showed a six rig decrease, bringing the total number of working rigs in the U.S. to 1,830.  The number of oil rigs increased by 13 to 947, while the gas rigs decreased by 16 to 874 and miscellaneous rigs declined by three to nine.  By type, horizontal rigs were up three (1,041), directional rigs were up one (226) and vertical rigs were down ten (563).

In the Haynesville region, inclusive of other formations, the rig count was down three to 161, as north Louisiana dropped by three to 107.  East Texas held at 54.

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