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Schlumberger Limited Message Board

  • bluecheese4u bluecheese4u Nov 16, 2007 2:19 PM Flag

    Baker Hughes-US rig count down 4, Canada down 5

    Baker Hughes-US rig count down 4, Canada down 5

    NEW YORK, Nov 16 (Reuters) - The number of rigs searching for oil and gas in the United States fell by four to 1,797 in the week ending Friday, oil services firm Baker Hughes said.

    During the same week last year there were 1,696 rigs active.

    The number of rigs in the Gulf of Mexico rose five to 61, compared with 82 last year.

    The number of rigs exploring for oil and gas in Canada fell five to 356. Last year there were 452 rigs active.

    There were 346 directional rigs operating along with 435 horizontal rigs and 1,016 vertical rigs.

    The number of rigs searching for oil was flat at 337 while the number of rigs searching for gas fell four to 1,455. There were five miscellaneous rigs operating, unchanged from last week.

    The number of rigs operating in Texas fell three to 857 while the number in use in Wyoming jumped four to 75.

    http://www.reuters.com/article/marketsNews/idUKN0947634420071116?rpc=44

 
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