Friday, December 7, 2012

U.S. Rig Count: -11 to 1,800

The Baker Hughes U.S. rig count showed an 11 rig decrease, bringing the number of working rigs to 1,800.  Oil rigs were down four to 1,382, gas rigs were down seven to 417 and miscellaneous rigs were unchanged at one.  By type, horizontal rigs were down seven to 1,103, vertical rigs were down two to 506 and directional rigs were down two to 191.  Among gas rigs, horizontal rigs were down seven to 285, directional rigs were down one to 74 and vertical rigs were up one to 58.

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