Estimated read time: Less than a minute
This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.
HOUSTON (AP) — Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. rose by one this week to 1,929.
The Houston firm said Friday in its weekly report that 1,574 rigs were exploring for oil and 355 for gas. A year ago there were 1,761 active rigs.
Of the major oil- and gas-producing states, Oklahoma gained seven rigs, Texas increased by four, Pennsylvania was up three and Alaska and Louisiana increased one each.
Colorado declined by five, North Dakota was down four, Kansas and Wyoming dropped two apiece while New Mexico and Ohio each lost one.
Arkansas, California, Utah and West Virginia were unchanged.
The U.S. rig count peaked at 4,530 in 1981 and bottomed at 488 in 1999.
Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.