US Oil and Gas Rig Count Increases by 6 This Week to 1,991

Washington Post reported that the number of rigs actively exploring for oil and natural gas in the U.S. surged by six this week to 1,991.

The market news is quoted as saying:

Houston-based drilling product provider Baker Hughes Inc. reported Friday that 1,071 rigs were exploring for oil and 912 for natural gas. Eight were listed as miscellaneous. A year ago this week the rig count stood at 1,650. Of the major oil- and gas-producing states, Texas gained eight rigs, North Dakota gained six, Colorado gained two and Wyoming gained one.

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