Friday, February 3, 2012

U.S. Rig Count: -11 to 1,997

The weekly Baker Hughes rig count showed an 11 rig drop, bringing the number of working rigs in the U.S. to 1,997.  Oil rigs were up 20 to 1,245, gas rigs dropped by 32 to 745 and miscellaneous rigs were up one to seven.  By type, horizontal rigs were down by 11 to 1,174, while vertical rigs (606) and directional rigs (217) were unchanged.

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