The Joplin Globe, Joplin, MO

Business

February 8, 2013

US rig count decreases by 5 this week to 1,759

HOUSTON — Oilfield services company Baker Hughes Inc. says the number of rigs actively exploring for oil and natural gas in the U.S. dropped by 5 this week to 1,759.

The Houston-based company said in its weekly report Friday that 1,330 rigs were actively exploring for oil and 425 for gas. Four were listed as miscellaneous. A year ago, Baker Hughes counted 1,989 working rigs.

Of the major oil- and gas-producing states Louisiana gained five rigs, Pennsylvania rose by two and Colorado increased by one. New Mexico lost three rigs, North Dakota and Texas each decreased by two and Alaska, West Virginia and Wyoming dropped one each. Arkansas, California and Oklahoma remained unchanged.

The rig count peaked at 4.530 in 1981 and bottomed at 488 in 1999.

 

1
Text Only
Business
Poll

Amendment 8 in Missouri proposes a special lottery ticket to help fund state veterans homes. How will you vote?

For it.
Against it.
     View Results
Facebook
Twitter Updates
Follow us on twitter
NDN Video
Arizona Prison Chief: Execution Wasn't Botched Calif. Police Investigate Peacock Shooting Death Raw: Protesters, Soldiers Clash in West Bank Police: Doctor Who Shot Gunman 'Saved Lives' 'Modern Family' Star on Gay Athletes Coming Out MN Twins Debut Beer Vending Machine DA: Pa. Doctor Fired Back at Hospital Gunman Raw: Iowa Police Dash Cam Shows Wild Chase Obama Seeks Limits on US Company Mergers Abroad Large Family to Share NJ Lottery Winnings U.S. Flights to Israel Resume After Ban Lifted Official: Air Algerie Flight 'probably Crashed' TSA Administrator on Politics and Flight Bans Raw: National Guard Helps Battle WA Wildfires Raw: Ukraine's Donetsk Residents Flee Senators Push to End Hamas Threat in Cease-Fire A Young Victim's Premonition, Hug Before MH17 Raw: Deadly Storm Hits Virginia Campground Death Penalty Expert: 'This is a Turning Point' Raw: MH17 Victim's Bodies Arrive in Netherlands