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    market news

    Weekly US Oil and Gas Rig Count Unchanged

    Investing News Network
    Jan. 06, 2012 03:55PM PST
    Oil and Gas Investing

    The Associated Press reported that the number of oil and natural gas rigs in the U.S. remained unchanged this week, at 2,007.

    The Associated Press reported that the number of oil and natural gas rigs in the U.S. remained unchanged this week, at 2,007.

    As quoted in the market news:

    Houston-based drilling product provider Baker Hughes Inc. reported Friday that 1,191 rigs were exploring for oil and 811 for natural gas. Five were listed as miscellaneous. A year ago this week Baker Hughes reported 1,700 active rigs.

    Click here to read the full The Associated Press report.

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