Friday, August 12, 2011

U.S. Rig Count: +39 to 1,959

The weekly Baker Hughes U.S. working rig count saw a big jump this week, rising by 39 rigs to 1,959.  Oil rigs increased by 24 to 1,055, gas rigs increased by 13 to 896 and miscellaneous rigs were up two to eight.  By type, horizontal rigs were up 24 to 1,123 and vertical rigs were up 19 to 596, while directional rigs were down four to 240.

In the Haynesville Shale region, inclusive of other formations, the rig count dropped by one to 141.  North Louisiana was down one to 90 and east Texas held at 51.

The detailed Haynesville Shale count will be delayed because the Baker Hughes individual rig data is messed up.  Once it is straightened out, I'll post the detailed count.

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