Saturday, October 25, 2008

US rig count down by 14

The number of rigs actively exploring for oil and natural gas in the US was down by 14 this week to 1976. Of the rigs running nationwide, 1529 were exploring for natural gas and 423 for oil.

Twelve were listed as miscellaneous. Canadian rig count was up 10 to 447 while the US offshore rig count is 73, down three from last week. Of the major oil- and gas-producing states, Louisiana lost nine rigs to total 189, Oklahoma lost six to total 187 and Texas lost five to total 920. North Dakota added nine to total 83 while New Mexico remained the same at 93 and Wyoming added two to total 77. Alaska remained the same at seven, Arkansas remained the same at 57, California added three to total 48 and Colorado gained two to total 124.
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