Friday, May 25, 2012

U.S. Rig Count: -3 to 1,983

The Baker Hughes rig count showed a three rig decrease this week, bringing the number of working rigs in the U.S. to 1,983.  Oil rigs were up one to 1,383, gas rigs were down six to 594 and miscellaneous rigs were up two to six. By type, horizontal rigs were down two to 1,191, vertical rigs were up four to 570 and directional rigs were down five to 222.

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