Friday, February 17, 2012

U.S. Rig Count: +5 to 1,994

The weekly Baker Hughes rig count showed a five rig increase, bringing the number of working rigs in the U.S. to 1,994.  Oil rigs were up nine to 1,272, gas rigs were down four to 716 and miscellaneous rigs held at six.  By type, horizontal rigs were down eight to 1,163, vertical rigs were up 12 to 615 and directional rigs were up one to 216.

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