Baker Hughes: US Oil, Gas Rig Count Down 30 To 975 This Week - CNNMoney.com

By
Viraj
on April 18, 2009 9:28 PM | | TrackBacks (0)
HOUSTON -(Dow Jones)- The number of rigs drilling for natural gas in the U.S.declined this week as producers continued to scale back exploration andproduction amid sliding energy prices, while the number of oil rigs showed aslight increase.

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The total number of oil and gas rigs fell to 975, down 30 from the previousweek, according to rig data from oil-field services company Baker Hughes Inc. (BHI). The number of gas rigs was 760, a drop of 30 rigs from last week, whilethe oil-rig count increased to 250, an increase of one rig. The number ofmiscellaneous rigs declined by one to 10 rigs.

Full Story: Baker Hughes: US Oil, Gas Rig Count Down 30 To 975 This Week - CNNMoney.com

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This page contains a single entry by Viraj published on April 18, 2009 9:28 PM.

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