Monday, October 20, 2014

U.S. Rig Count: -12 to 1,918 (But Gas Rigs +8)

The Baker Hughes U.S. rig count was down 12 last week to 1,918.  Oil rigs were down 19 to 1,590, gas rigs were up eight to 328 and miscellaneous rigs were down one to zero.  By type, horizontal rigs were unchanged at 1,353, vertical rigs were down eight to 362 and directional rigs were down four to 203.  Among gas rigs, horizontal rigs were up nine to 250, directional rigs were down three to 54 and vertical rigs were up two to 24.

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