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US Oil and Natural Gas Rig Count Increases by 1 This Week
Jul. 08, 2011 05:04PM PST
Oil and Gas Investing
Washington Post reports that the number of U.S. rigs exploring for oil and natural gas climbed by one this week to a total of 1,887.
Washington Post reports that the number of U.S. rigs exploring for oil and natural gas climbed by one this week to a total of 1,887.
The market news is quoted as saying:
Houston-based drilling product provider Baker Hughes Inc. reported Friday that 1,007 rigs were exploring for oil and 873 for natural gas. Seven were listed as miscellaneous. A year ago, the rig count stood at 1,567.
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