Friday, September 7, 2012

U.S. Rig Count: -30 to 1,864

The Baker Hughes U.S. rig count was down 30 rigs this week to 1,864.  Oil rigs were down 10 to 1,409, gas rigs were down 21 to 452 and miscellaneous rigs were up one to three.  The gas rig count hasn't been this low since July 1999.  By type, horizontal rigs were down 14 to 1,135, vertical rigs were down 11 to 515 and directional rigs were down five to 214.


Among gas rigs, horizontal rigs were down nine to 316, directional rigs were down eight to 80 and vertical rigs were down four to 56.

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