Friday, October 9, 2015

U.S. Rig Count: -14 to 795

The Baker Hughes U.S. rig count was down 14 rigs this week to 795, the lowest level since May 2002.  Oil rigs were down nine to 605, gas rigs were down six to 189 and miscellaneous rigs were up one to one.  By type, horizontal rigs were down 11 to 598, vertical rigs were down three to 114 and directional rigs were unchanged at 83.  Among gas rigs, horizontal rigs were down four to 143, directional rigs were down two to 32 and vertical rigs were unchanged at 14.

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