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US rig count falls by 6 this week to 1,751

1 year ago Friday, January 03, 2014 11:02:35 AM CST January 03, 2014 Friday, January 03 2014 Jan 3, 2014 in News
Source: Associated Press

HOUSTON - Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. fell by six this week to 1,751.

The Houston company said in its weekly report Friday that 1,378 rigs were exploring for oil and 372 for gas. One was listed as miscellaneous. A year ago there were 1,762 active rigs.

Of the major oil- and gas-producing states, Alaska gained two rigs while Colorado, New Mexico and North Dakota each gained one.

Oklahoma and Texas each lost three rigs, Kansas lost two and California lost one. Arkansas, Louisiana, Ohio, Pennsylvania, Utah, West Virginia and Wyoming were unchanged.

The U.S. rig count peaked at 4,530 in 1981 and bottomed at 488 in 1999.

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