US rig count down 12 this week to 1,759
US rig count down 12 this week to 1,759, down 207 from a year ago
HOUSTON (AP) -- Oilfield services company Baker Hughes Inc. says the number of rigs actively exploring for oil and natural gas in the U.S. decreased by 12 this week to 1,759.
The Houston-based company said Friday in its weekly report that 1,405 rigs were exploring for oil and 349 for gas. Five were listed as miscellaneous. A year ago there were 1,966 active rigs.
Of the major oil- and gas-producing states, Alaska gained two rigs. Oklahoma lost five rigs, while Texas and Louisiana lost three rigs each, and California and New Mexico lost one each. The counts for Arkansas, Colorado, North Dakota, Pennsylvania, West Virginia and Wyoming were unchanged from the previous week.
The U.S. rig count peaked at 4,530 in 1981 and bottomed at 488 in 1999.
