Friday, August 31, 2012

U.S. Rig Count: -4 to 1,894

The Baker Hughes rig count dropped by four to 1,894 this week.  Oil rigs were up 11 to 1,419, gas rigs were down 13 to 473 and miscellaneous rigs were down two to two.  Horizontal rigs were down ten to 1,149, vertical rigs were up seven to 526 and directional rigs were down one to 219.  Among gas rigs, horizontal rigs were down 15 to 325, directional rigs were up three to 88 and vertical rigs were down one to 60.

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