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The Associated Press reported that the number of oil and natural gas rigs in the U.S. dropped by one this week to 2,007.
The Associated Press reported that the number of oil and natural gas rigs in the U.S. dropped by one this week to 2,007.
As quoted in the market news:
Houston-based drilling product provider Baker Hughes Inc. reported Thursday that 1,193 rigs were exploring for oil and 809 for natural gas. Five were listed as miscellaneous. A year ago this week Baker Hughes reported 1,694 active rigs.
Click here to read the full The Associated Press report.