HOUSTON - The number of rigs actively exploring for oil and natural gas in the United States rose by 10 this week to 1,009.
Houston-based Baker Hughes Inc. reported Friday that 701 of the rigs were exploring for natural gas and 295 for oil. Thirteen were listed as miscellaneous. A year ago this week, the rig count stood at 2,013.
Of the major oil- and gas-producing states, Texas added 12 rigs, Louisiana four, Colorado two and New Mexico one. Arkansas lost three, California two and Alaska and North Dakota each lost one. Oklahoma and Wyoming were unchanged.
The rig count tally peaked at 4,530 in 1981, during the height of the oil boom. The industry posted a record low of 488 in 1999.