Advertisement

US rig count declines by 8 this week to 928

October 13, 2017 02:23 PM

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. declined by eight this week to 928.

Advertisement

That's up from the 539 rigs that were active a year ago.

Houston oilfield services company Baker Hughes said Friday that 743 rigs sought oil and 185 explored for natural gas this week.

Among major oil- and gas-producing states, Alaska, Kansas, North Dakota and Pennsylvania each gained one rig.

Texas lost four rigs, Oklahoma declined by three, California lost two and Louisiana and West Virginia each declined by one.

Arkansas, Colorado, New Mexico, Ohio, Utah and Wyoming were unchanged.

The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May of 2016 at 404.

Credits

Copyright 2017 The Associated Press. All rights reserved.

Advertisement


Relay Media Amp

Advertisement


Halloween Costume Photo Contest


Advertisement




Like Us on Facebook Follow Us on Twitter Follow Us on LinkedIn Follow Us on Google+ RSS Email Newsletters Android Apps iOS Apps



Why we fought to unseal records detailing abuse by NM priests, and what's next

Middle ground still not reached on proposed changes to science standards

Car enthusiasts, city leaders work to change image of local motor culture

Judge rejects plea deal in vehicular homicide case, sending it to trial

Remaining mayoral candidates receive key endorsements