Friday, March 23, 2012

U.S. Rig Count: -16 to 1,968

The Baker Hughes U.S. rig count dropped by 16 this week to 1,968.  Oil rigs were down four to 1,313, gas rigs were down 11 to 652 and miscellaneous rigs were down one to three.  By type, horizontal rigs were down six to 1,174, vertical rigs were down 13 to 563 and directional rigs were up three to 231.

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