US natgas rig count unchanged at 955--Baker Hughes - Reuters Africa

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NEW YORK, Nov 12 (Reuters) - The number of rigs drilling for natural gas in the United States were unchanged this week at 955, according to a report on Friday by oil services firm Baker Hughes in Houston.

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The gas-directed rig count, which has fallen three times in the last five weeks, hit 992 in mid-August, its highest level since February 2009 when there were 1,018 rigs drilling for gas.

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Horizontal rigs -- the type most often used to extract oil or gas from shale -- slipped three to 940 after hitting a record high of 943 last week, Baker Hughes said.

US natgas rig count unchanged at 955--Baker Hughes - Reuters Africa

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This page contains a single entry by Viraj published on November 13, 2010 5:18 AM.

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