Friday, August 24, 2012

U.S. Rig Count: -16 to 1,898

The Baker Hughes count of working rigs in the U.S. was down 16 this week to 1,898.  Oil rigs were down 17 to 1,408, gas rigs were up two to 486 and miscellaneous rigs were down one to four.  By type, horizontal rigs were up six to 1,159, vertical rigs were down 13 to 519 and directional rigs were down nine to 220.  Among gas rigs, horizontal rigs were up five to 340, directional rigs were down two to 85 and vertical rigs were down one to 61.

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