Wednesday, November 26, 2014

U.S. Rig Count: -12 to 1,917

The Baker Hughes U.S. rig count was down 12 rigs this week to 1,917.  Oil rigs were down two to 1,572, gas rigs were down 11 to 344 and miscellaneous rigs were up one to one.  By type, horizontal rigs were down one to 1,371, vertical rigs were unchanged at 352 and directional rigs were down 11 to 194.

1 comment:

Mr. Gotham said...

Might be a good time to start a pool on where the oil rig count is a year from now. We seem to be at an inflection point for oil drilling if the oil service stocks are any indication.