Friday, July 29, 2011

U.S. Rig Count: -8 to 1,908

The weekly Baker Hughes U.S. rig count decreased by eight rigs this week to 1,908.  Gas rigs were down 12 to 877, while oil rigs were up four to 1,025 and miscellaneous rigs held at six.  By type, horizontal rigs were down 22 to 1,080, while vertical rigs were up 12 to 582 and directional rigs were up two to 246.

In the Haynesville Shale region, inclusive of other formations, the rig count was unchanged, with north Louisiana holding at 91 and east Texas holding at 50.

The detailed Haynesville Shale rig count should be available either late today or early tomorrow.

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