Friday, April 27, 2012

U.S. Rig Count: -27 to 1,945

The Baker Hughes rig count dropped by 27 rigs this week to 1,945, the lowest U.S. count since August 5, 2011. Oil rigs were down nine to 1,328, gas rigs were down 18 to 613 and miscellaneous rigs held at four. By type, horizontal rigs were down 16 to 1,139, vertical rigs were down eight to 563 and directional rigs were down three to 243.

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