HOME PAGE SUBSCRIPTIONS, Print Editions, Newsletter PRODUCTS READ THE PETROLEUM NEWS ARCHIVE! ADVERTISING INFORMATION EVENTS

Providing coverage of Alaska and northern Canada's oil and gas industry
June 2016

Vol 21, No. 24 Week of June 12, 2016

U.S. drilling rig count rises four to 408

The number of rigs drilling for oil and natural gas in the U.S. rose by four the week ending June 3 to 408, the first gain in months and halting a slide that pushed the count to record-low levels amid collapsed energy prices.

A year ago, 868 rigs were active.

Houston oilfield services company Baker Hughes Inc. said 325 rigs were drilling for oil and 82 for natural gas. One was listed as miscellaneous.

Among major oil- and gas-producing states, Texas and Alaska each gained three rigs. New Mexico was up two. Oklahoma and Pennsylvania declined by two and Louisiana was down one. Arkansas, California, Colorado, Kansas, North Dakota, Ohio, Utah, West Virginia and Wyoming were unchanged.

The U.S. rig count peaked at 4,530 in 1981.

- 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.