Friday, March 29, 2013

U.S. Rig Count: +2 to 1,748 (But Gas Rigs Down 29)

The Baker Hughes U.S. rig count was up two this week to 1,748.  Oil rigs were up 30 to 1,354, gas rigs were down 29 to 389 and miscellaneous rigs were up one to five.  This is the smallest number of gas rigs operating in the U.S. since May 21, 1999.  By type, horizontal rigs were down one to 1,099, vertical rigs were up 11 to 443 and directional rigs were down eight to 206.  Among gas rigs, horizontal rigs were down 25 to 277, directional rigs were up two to 64 and vertical rigs were down six to 48.

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