Friday, March 15, 2013

U.S. Rig Count: +24 to 1,776

The Baker Hughes U.S. rig count was up 24 this week to 1,776.  The gain was entirely in gas rigs, which jumped to 431, the biggest weekly increase since January 2010.  By type, horizontal rigs were up one to 1,131, vertical rigs were up nine to 436 and directional rigs were up 14 to 209.  Among only gas rigs, horizontal rigs increased by 16 to 318 (74% of all operating gas rigs), directional rigs were up three to 57 and vertical rigs were up five to 56.

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