By August 15, 2015 Read More →

Rig count: Steady as she goes in US, Texas gains 6

Rig count shows Texas leads all states with 389

Oilfield services company Baker Hughes Inc. says the rig count for the number of drillers exploring for oil and natural gas in the U.S. this week remained steady at 884.

rig count

Oil and gas industry in doldrums.

Houston-based Baker Hughes said Friday 672 rigs were seeking oil and 211 explored for natural gas. One was listed as miscellaneous. A year ago, 1,913 rigs were active.

Among major oil- and gas-producing states, Texas gained six rigs, Alaska was up three and Colorado, Kansas and Wyoming each rose by two.

Louisiana and Oklahoma declined by four rigs apiece, New Mexico and North Dakota were down two, and Ohio, Pennsylvania and West Virginia dropped by one each.

Arkansas, California and Utah were unchanged.

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

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