87°
Baton Rouge, Louisiana
3 Day Outlook
Fri
85°
70°
80%
Sat
84°
68°
60%
Sun
85°
69°
60%

Latest Weather Blog

Follow our weather team on social media

Weekly US oil and gas rig count drops by 10

3 years ago November 11, 2011 Nov 11, 2011 Friday, November 11 2011 Friday, November 11, 2011 12:41:50 PM EST in News
Source: Associated Press

HOUSTON - The number of rigs actively exploring for oil and natural gas in the U.S. dropped by 10 this week to 2,016.

Houston-based drilling product provider Baker Hughes Inc. reported Friday that 1,133 rigs were exploring for oil and 877 for natural gas. Six were listed as miscellaneous. A year ago this week the rig count stood at 1,685.

Of the major oil- and gas-producing states only Louisiana and Oklahoma saw their rig totals rise, with Louisiana gaining six and Oklahoma one.

Wyoming dropped by six, while North Dakota decreased by four. Pennsylvania and Texas each lost three, and Alaska and Colorado lost one each. Arkansas, California, New Mexico and West Virginia remained unchanged.

The rig count peaked at 4,530 in 1981. A low of 488 was recorded in 1999.

 

More News

comments powered by Disqus

Desktop News

Click to open Continuous News in a sidebar that updates in real-time.
Radar
5 Days
Today
87°
71°
Fri
T-Storms
85°
70°
Sat
Scattered T-Storms
84°
68°
Sun
Scattered T-Storms
85°
69°
Mon
Scattered T-Storms
83°
69°