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 up 11 this week to 1,770

[July 20, 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. increased by 11 this week to 1,770.

The Houston-based company said Friday in its weekly report that 1,395 rigs were exploring for oil and 369 for gas. Six were listed as miscellaneous. A year ago there were 1,935 active rigs.

Of the major oil- and gas-producing states, Texas gained nine rigs, Colorado, Oklahoma, West Virginia and Wyoming each gained two and California and Pennsylvania each added one.

Alaska, Arkansas, Kansas, Louisiana, New Mexico, Ohio and Utah each lost one. North Dakota was 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 This material may not be published, broadcast, rewritten or redistributed.