US rig count down 18 this week to 619; Texas down 13
HOUSTON - Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by 18 this week to 619.
The Houston firm said Friday 498 rigs sought oil and 121 explored for natural gas amid depressed energy prices. A year ago, 1,543 rigs were active.
Among major oil- and gas-producing states, Texas declined by 13 rigs, New Mexico was down four, Louisiana dropped three and Kansas, North Dakota and Pennsylvania were off one apiece.
Alaska and Colorado each increased by two rigs and Oklahoma was up one.
Arkansas, California, Ohio, Utah, West Virginia and Wyoming were all unchanged.
The U.S. rig count peaked at 4,530 in 1981 and bottomed at 488 in 1999.
Desktop NewsClick to open Continuous News in a sidebar that updates in real-time.
Man accused in 2011 slaying of wife expected in court
One injured in overnight shooting at fast food restaurant
Residents fear proposed development could increase neighborhood traffic
Saints owner releases statement on crucial missed penalty, calls for changes in...
Volunteers clean up historical cemetery on MLK Day