Friday, August 19, 2011

U.S. Rig Count: +15 to 1,974

The weekly Baker Hughes rig count showed a 15 rig increase to 1,974.  Oil rigs were up 11 to 1,066, gas rigs were up four to 900 and miscellaneous rigs held at eight.  Horizontal rigs were up 15 to 1,138 and vertical rigs were up 13 to 609, while directional rigs were down 13 to 227.

In the Haynesville Shale region, inclusive of other formations, the overall rig count was down two to 139, its lowest level since September 2009.  North Louisiana held at 90, while east Texas was down two to 49.

I'm working on the data for the detailed Haynesville count for the past two weeks.  I hope to have something (for at least one of the weeks) later today or tomorrow.

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