Baker Hughes: US Oil, Gas Rig Count Up 23 To 1101 This Week - Wall Street Journal

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on November 16, 2009 4:05 AM | | Comments (0) | TrackBacks (0)
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NEW YORK (Dow Jones)-The number of rigs drilling for oil in the U.S. climbed this week, but the gas rig total slipped as producers curbed output in response to low prices.

The number of oil and gas rigs climbed to 1,101, up 23 rigs from the previous week, according to data from oil-field services company Baker Hughes Inc. (BHI). The number of gas rigs was 728, a decrease of six rigs from last week, while the oil rig count ...

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