Friday, July 8, 2011

U.S. Rig Count: +1 to 1,887

The weekly Baker Hughes rig count showed a one rig increase, bringing the total working rigs in the U.S. to 1,887.  There was very little "net action" this week, as oil rigs increased by one to 1,007, gas rigs decreased by one to 873 and miscellaneous rigs increased by one to seven.  By type, directional rigs were up one to 244 while horizontal and vertical rigs held at 1,073 and 570, respectively.

In the Haynesville Shale region, inclusive of other formations, the rig count was up by two to 144.  The north Louisiana count increased by one to 95, while east Texas increased by one to 49.

Look for the detailed Haynesville Shale rig count later this afternoon.

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