Friday June 8 2:01 PM ET
Domestic Oil and Gas Rig Count Down
HOUSTON (AP) - The number of rigs actively exploring for oil and
natural gas in the United States this week was down by six to 1,264.
Of the rigs running nationwide, 1,051 were exploring for gas, 212 were
looking for oil and one was listed as miscellaneous, Houston-based
Baker Hughes Inc. (NYSE:BHI - news) reported Friday.
A year ago, the rig count was at 840.
Baker Hughes has kept track of the count since 1944. The tally
peaked at 4,530 on Dec. 28, 1981, during the height of the oil boom,
but set several record lows in 1999, bottoming out at 488 on April 23,
1999.
Of the major oil- and gas-producing states, Louisiana gained five rigs
and Wyoming two. Texas lost three rigs and Oklahoma one. Rig
counts in Alaska, California and New Mexico were unchanged. |
