Friday, November 11, 2011

U.S. Rig Count: -10 to 2,016

The weekly Baker Hughes count of working rigs in the U.S. showed a ten rig decrease, bringing the total to 2,016.  Oil rigs were up 21 to 1,133, gas rigs were down 30 to 877 and miscellaneous rigs were down one to six.  Over the past two weeks, oil rigs are up by 57 and gas rigs are down by 55.  By type, horizontal rigs were down five to 1,152, vertical rigs were up seven to 633 and directional rigs were down five to 233.

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