Friday, May 16, 2014

U.S. Rig Count: +6 to 1,861

The Baker Hughes U.S. rig count was up six this week to 1,861.  Oil rigs were up three to 1,531, gas rigs were up three to 326 and miscellaneous rigs were unchanged at four. By type, horizontal rigs were up five to 1,248, vertical rigs were up two to 406 and directional rigs were down one to 207.  Among gas rigs, horizontal rigs were up two to 237, directional rigs were down four to 55 and vertical rigs were up five to 34.

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