Friday, December 28, 2012

U.S. Rig Count: -11 to 1,763

Baker Hughes reported that the U.S. rig count dropped by 11 this week to 1,763.  Oil rigs were down 13 to 1,327, gas rigs were up two to 431 and miscellaneous rigs were unchanged at five.  By type, horizontal rigs were up six to 1,111, vertical rigs were down ten to 477 and directional rigs were down seven to 175.  Among gas rigs, horizontal rigs were up five to 309, directional rigs were down three to 66 and vertical rigs were unchanged at 56.

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