Friday, June 3, 2011

U.S. Rig Count: +7 to 1,854

The weekly U.S. Baker Hughes rig count showed a 7 rig increase, brining the total number of working rigs to 1,854.  This week, gas rigs increased by six to 887, oil rigs increased by one to 959 and miscellaneous rigs held at eight.  By type, vertical rigs were up 12 to 573, while horizontal rigs were down three to 1,051 and directional rigs were down two to 230.

In the Haynesville Shale region, inclusive of other formations, the rig count was down one to 152, holding steady in north Louisiana at 102 and dropping one in east Texas to 50.

No comments: