Friday, April 4, 2014

Gas Rig Count: -2 to 316; How Low Can it Go?

The Baker Hughes overall U.S. rig count was up nine rigs this week to 1,818.  Oil rigs were up 11 to 1,498, gas rigs were down two to 316 and miscellaneous rigs were unchanged at four.  By type, horizontal rigs were up 13 to 1,224 (the highest level ever), vertical rigs were up nine to 393 and directional rigs were down 13 to 201.  Among gas rigs, horizontal rigs were unchanged at 236, directional rigs were down two to 49 and vertical rigs were unchanged at 31.

2 comments:

Anonymous said...

When are you going to update rig counts in the Haynesville?

Robert Hutchinson said...

Sorry - I updated them but forgot to post. Momentarily...