70°
Baton Rouge, Louisiana
3 Day Outlook
Tue
82°
62°
20%
Wed
83°
65°
10%
Thu
84°
68°
60%

Latest Weather Blog

Follow our weather team on social media

Weekly US oil, gas rig count up by 12 to 1,986

2 years ago Friday, May 18, 2012 12:09:27 PM CDT May 18, 2012 Friday, May 18 2012 May 18, 2012 in News
Source: Associated Press
Topics : oil gas rig count US

HOUSTON - The number of rigs actively exploring for oil and natural gas in the U.S. is up 12 this week to 1,986.

Houston-based oilfield services company Baker Hughes Inc. reported Friday that 1,382 rigs were exploring for oil and 600 were looking for gas. Four were listed as miscellaneous. A year ago this week, Baker Hughes reported 1,830 rigs.

Of the major oil- and gas-producing states, New Mexico gained three rigs; California and West Virginia each gained two; and Alaska, Colorado and North Dakota were up one apiece.

Pennsylvania declined by four rigs and Arkansas by one.

Louisiana, Oklahoma, Texas and Wyoming were unchanged.

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

More News

comments powered by Disqus

Desktop News

Click to open Continuous News in a sidebar that updates in real-time.
5 Days
Radar
Today
Partly Cloudy
83°
59°
Tue
Partly Cloudy
82°
62°
Wed
Mostly Cloudy
83°
65°
Thu
T-Showers
84°
68°
Fri
Partly Cloudy
88°
63°