Number of rigs active in US up by 11 - September 27, 2009

Providing coverage of Alaska and northern Canada's oil and gas industrySeptember 2009

Vol. 14, No. 39

Week of September 27, 2009

Number of rigs active in US up by 11

The number of rigs actively exploring for oil and natural gas in the U.S. increased by 11 the week ending Sept. 18 to 1,010.

Houston-based Baker Hughes Inc. reported that 705 of the rigs were exploring for natural gas and 293 for oil. Twelve were listed as miscellaneous. A year ago this week, the rig count stood at 2,018.

Of the major oil- and gas-producing states, Oklahoma lost five rigs, New Mexico lost three, Arkansas and North Dakota each lost one. Texas added nine rigs, Louisiana added three, Wyoming and Colorado each added two and Alaska added one. California was unchanged.

The rig count tally peaked at 4,530 in 1981, during the height of the oil boom. The industry posted a record low of 488 in 1999.

—The Associated Press

Petroleum News - Phone: 1-907 522-9469 - Fax: 1-907 522-9583
[email protected] --- http://www.petroleumnews.com ---
S U B S C R I B E

Copyright Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA)©2013 All rights reserved. The content of this article and web site may not be copied, replaced, distributed, published, displayed or transferred in any form or by any means except with the prior written permission of Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA). Copyright infringement is a violation of federal law subject to criminal and civil penalties.