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State rig count flat; national tally rises

Jul 8, 2012 - The Associated Press

The rig count peaked at 4,530 nationwide in 1981 and bottomed out at 488 in 1999.

HOUSTON -- The number of rigs actively exploring for ...

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The rig count peaked at 4,530 nationwide in 1981 and bottomed out at 488 in 1999. HOUSTON -- The number of rigs actively exploring for oil and natural gas in the U.S. is up by six this week to 1,965. Houston-based oilfield services company Baker Hughes Inc. reported Friday that 1,419 rigs were exploring for oil and 542 for gas. Four were listed as miscellaneous. A year ago, Baker Hughes reported 1,887 rigs. Of the major oil- and gas-producing states, North Dakota gained four rigs, Pennsylvania added three and West Virginia, Oklahoma and Colorado were up one each. Texas declined by two rigs and Alaska, Arkansas and New Mexico lost one each. California, Louisiana, New Mexico and Wyoming were unchanged. The rig count peaked at 4,530 in 1981 and bottomed out at 488 in 1999.

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