Friday, July 13, 2012

U.S. Rig Count: -12 to 1,953 (Gas Rigs Down 20)

The Baker Hughes rig count showed a 20 rig decrease in U.S. rig count, bringing the total number of working rigs to 1,953.  Oil rigs were up eight to 1,427, gas rigs were down 20 to 522 and miscellaneous rigs  held at four.  By type, horizontal rigs were down eight to 1,166, vertical rigs were up six to 555 and directional rigs were down 10 to 232.  Among gas rigs, horizontal rigs were down 13 to 364, directional rigs were down seven to 94 and vertical rigs held at 64.

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