The Joplin Globe, Joplin, MO

Business

May 10, 2013

US rig count increases by 5 to 1,769

HOUSTON — Oilfield services company Baker Hughes Inc. says the number of rigs actively exploring for oil and natural gas in the U.S. rose by five this week to 1,769.

The Houston-based company said in its weekly report Friday that 1,412 rigs were exploring for oil and another 350 for gas. Seven were listed as miscellaneous. A year ago there were 1,974 active rigs.

Of the major oil- and gas-producing states, Texas gained seven from the previous week while Oklahoma and North Dakota increased by two. Louisiana lost two rigs while New Mexico, Wyoming and Pennsylvania each decreased by one. The number of rigs in California, Colorado and Kansas remained unchanged.

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

 

1
Text Only
Business
Poll

New Kansas teaching license regulations would allow some individuals who have ample expertise but do not have education degrees to become secondary school teachers. Do you agree or disagree with that change?

Agree
Disagree
     View Results
Facebook
Twitter Updates
Follow us on twitter
NDN Video
Raw: Costa Concordia Prepares for Towing Stolen Car Collides With Greyhound Bus Raw: Violence Mars Argentina's WC Celebration Germany Wins the World Cup 1-0 Jails Struggle With Role As Makeshift Asylums NYC Artist Creates Wearable Armor Sculpture Raw: Thousands Celebrate World Cup Win in Berlin Argentina Fans Sad but Proud in Loss Bull Run Comes to Middle America Malala Meets 'Bring Back Our Girls' Activists Space Station Shipment Launched From Virginia Israel Deploys Ground Troops to Gaza Strip World-renowned Conductor Lorin Maazel Dies