HOUSTON — The number of rigs actively exploring for oil and natural gas in the U.S. increased by 13 this week to 1,713.
Houston-based Baker Hughes Inc. reported Friday that 906 rigs were exploring for gas and 798 for oil. Nine were listed as miscellaneous. A year ago, the count was 1,282.
Of the major oil- and gas-producing states, Texas gained 10 and Oklahoma picked up four.
Louisiana gained three, and California gained two. Arkansas, New Mexico and North Dakota each gained one.
Pennsylvania lost five rigs, and Alaska dropped two. Colorado and West Virginia each lost one.
Wyoming was unchanged.
The rig count peaked at 4,530 in 1981, the height of the oil boom. The record low of 488 was in 1999.
© 2017. All Rights Reserved. | Contact Us