Friday, May 24, 2013

U.S. Rig Count: -7 to 1,762

The Baker Hughes U.S. rig count was down seven this week to 1,762.  Oil rigs were down six to 1,402, gas rigs were unchanged at 354 and miscellaneous rigs were down one to six.  By type, horizontal rigs were down nine to 1,087, vertical rigs were down five to 457 and directional rigs were up seven to 218.  Among gas rigs, horizontal rigs were down three to 258, directional rigs were up three to 53 and vertical rigs were unchanged at 43.

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