Friday, May 15, 2015

U.S. Rig Count: -6 to 888

Ah, the Chinese lucky number eight was big this week!  The Baker Hughes U.S. rig count was down six this week to 888.  Oil rigs were down eight to 660, gas rigs were up two to 223 and miscellaneous rigs were unchanged at five.  By type, horizontal rigs were down seven, vertical rigs held at 114 and directional rigs were up one.  Among gas rigs, horizontal rigs were up one to 171, directional rigs were up one to 37 and vertical rigs were unchanged at 15.

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