Sponsored by: Investment Center

Something new in your business?  Click here to submit your business press release

Chamber Corner | Main Street News | Job Hunt | Classifieds | Calendar | Illinois Lottery 

US rig count down 17 this week, settles at 1,744

[September 28, 2013]  HOUSTON (AP) -- Oilfield services company Baker Hughes Inc. says the number of rigs actively exploring for oil and natural gas in the U.S. decreased by 17 this week to 1,744.

The Houston-based company said in its weekly report Friday that 1,362 rigs were exploring for oil and 376 for gas. Six were listed as miscellaneous. A year ago there were 1,848 active rigs.

Of the major oil- and gas-producing states, Oklahoma gained four rigs, New Mexico increased by three and Pennsylvania added two.

Texas dropped the most, losing 11 rigs, Louisiana dropped five, Alaska and West Virginia decreased by three and Arkansas, Utah and Wyoming each lost one. California, Colorado, Kansas, North Dakota and Ohio were unchanged.

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

[Associated Press]

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.