Friday, July 20, 2012

U.S. Rig Count: -18 to 1,935

The Baker Hughes U.S. rig count dropped by 18 this week to 1,935.  Oil rigs were down 13 to 1,414, gas rigs were down four to 518 and miscellaneous rigs were down one to three.  By type, horizontal rigs were down two to 1,164, vertical rigs were down 14 to 541 and directional rigs dropped two to 230.  Among gas rigs, horizontal rigs were down five to 359, directional rigs were up two to 96 and vertical rigs were down one to 63.

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