1 day ago HOUSTON (AP) — The number of rigs actively exploring for oil and natural gas in the United States fell by 17 this week to 928, down nearly half from a year ago.
Of the rigs running nationwide, 730 were exploring for natural gas and 190 for oil, Houston-based Baker Hughes Inc. reported Friday. Eight were listed as miscellaneous. A year ago, the rig count stood at 1,846. The U.S. count is down 54 percent since the end of August as weak energy demand has hampered oilfield activity.
Full Story: Number of active oil rigs falls by 17 - The Associated Press
Of the rigs running nationwide, 730 were exploring for natural gas and 190 for oil, Houston-based Baker Hughes Inc. reported Friday. Eight were listed as miscellaneous. A year ago, the rig count stood at 1,846. The U.S. count is down 54 percent since the end of August as weak energy demand has hampered oilfield activity.
Full Story: Number of active oil rigs falls by 17 - The Associated Press
