US rig count falls by 14 this week to 1,768

Staff Writer
Columbus CEO

HOUSTON (AP) — Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. fell by 14 this week to 1,768.

The Houston company said in its weekly report Friday that 1,395 rigs were exploring for oil and 372 for gas. One was listed as miscellaneous. A year ago there were 1,774 active rigs.

Of the major oil- and gas-producing states, Louisiana and West Virginia gained two rigs and Pennsylvania gained one.

Colorado lost six rigs, Texas and Wyoming lost three, Alaska dropped by two, and California and North Dakota each fell by one. Arkansas, Kansas, New Mexico, Ohio, Oklahoma, and Utah were unchanged.

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