US drilling count up by 39 to 1,959 - August 21, 2011

Providing coverage of Alaska and northern Canada's oil and gas industryAugust 2011

Vol. 16, No. 34

Week of August 21, 2011

US drilling count up by 39 to 1,959

The number of rigs actively exploring for oil and natural gas in the U.S. increased by 39 the week ending Aug. 12 to 1,959.

Houston-based drilling product provider Baker Hughes Inc. reported that 1,055 rigs were exploring for oil and 896 for natural gas. Eight were listed as miscellaneous. A year ago this week the rig count stood at 1,640.

Of the major oil- and gas-producing states, Texas gained 20 rigs and North Dakota 14. Colorado was up seven, California up three, Pennsylvania two and Oklahoma one. Louisiana declined by five and Wyoming was down three. Alaska, Arkansas, New Mexico and West Virginia were unchanged.

The rig count peaked at 4,530 in 1981. A low of 488 was recorded 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.