Friday, January 1, 2016

U.S. Rig Count: -2 to 698

The Baker Hughes U.S. rig count was down two this week to 698.  Oil rigs were down two to 536 while gas rigs were unchanged at 162.  By type, horizontal rigs were down five to 549, vertical rigs were up three to 89 and directional rigs were unchanged at 60.  Among gas rigs, horizontal rigs were down one to 128, directional rigs were up one to 22 and vertical rigs were unchanged at 12.

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