The number of Oil Rigs that are actively exploring for oil and natural gas in the U.S. increased by 20 this week to 1,427. Baker Hughes Inc. said Friday that 939 rigs were exploring for natural gas and 474 for oil. Fourteen were listed as miscellaneous. A year ago this week, the rig count stood at 1,085. For Latest information regarding Oil and Energy prices and stock, make sure to visit the Most Exclusive and In Depth newsletter website at: http://www.wallstreetgrand.com/.
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The number of Oil Rigs that are actively exploring for oil and natural gas in the U.S. increased by 20 this week to 1,427.
Baker Hughes Inc. said Friday that 939 rigs were exploring for natural gas and 474 for oil. Fourteen were listed as miscellaneous. A year ago this week, the rig count stood at 1,085.
Of the major oil- and gas-producing states, Oklahoma and Texas gained five rigs, Louisiana gained four, California, Colorado and West Virginia each gained three, Alaska gained two and North Dakota gained one. New Mexico lost two rigs and Pennsylvania lost one. Arkansas and Wyoming were unchanged.
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