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June 2014

Vol. 19, No. 24 Week of June 15, 2014

US drilling rig count down by 6 to 1,860

Oilfield services company Baker Hughes Inc. says the number of rigs drilling for oil and natural gas in the U.S. declined by six the week ending June 6 to 1,860.

The Houston firm said in its weekly report that 1,536 rigs were drilling for oil and 320 for gas. Four were listed as miscellaneous. A year ago there were 1,765 active rigs.

Of the major oil- and gas-producing states, Texas gained two rigs while Ohio and Wyoming were up one each.

Louisiana and Pennsylvania each decreased by three while Alaska, California, Colorado and Oklahoma were down one apiece.

Arkansas, Kansas, New Mexico, North Dakota, Utah and West Virginia all were unchanged.

The U.S. rig count peaked at 4,530 in 1981 and bottomed at 488 in 1999.

- Associated Press





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