Saturday, August 16, 2008

US rig count on the rise

The number of rigs actively exploring for oil and gas in the US rose by 23 this week to 1990.

Of the rigs running nationwide, 1586 were exploring for gas and 395 for oil, Houston-based Baker Hughes said. Nine were listed as miscellaneous. A year ago, the rig count stood at 1795. Colorado gained eight rigs, Alaska five, Wyoming four, Louisiana three and North Dakota two. New Mexico lost seven rigs, Arkansas lost two and Texas lost one. California and Oklahoma were unchanged.
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