Rush Limbaugh
Weekdays, Noon - 3pm

Text Us: #30930
Phone: (800) 616 WBEN
Business: (716) 843-0600
| More
Oct 21, 2:02 PM EDT

US rig count up 14 this week to 553; Texas gains 10

HOUSTON (AP) -- The number of rigs exploring for oil and natural gas in the U.S. increased by 14 this week to 553.

A year ago, 787 rigs were active. Depressed energy prices have sharply curtailed oil and gas exploration.

Houston oilfield services company Baker Hughes Inc. said Friday that 443 rigs sought oil and 108 explored for natural gas this week. Two were listed as miscellaneous.

Among major oil- and gas-producing states, Texas gained 10 rigs, Wyoming increased by three, New Mexico was up two and Alaska and Utah added one apiece.

Louisiana declined by two rigs and Colorado was off by one.

Arkansas, California, Kansas, North Dakota, Ohio, Oklahoma, Pennsylvania and West Virginia were unchanged.

The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May at 404.

© 2016 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Learn more about our Privacy Policy and Terms of Use.

How long do you think the Corasanti jury will deliberate before reaching verdicts?
  A day or two.
  Several days.
View Results

Get it Now

WBEN iPhone App



Photo Galleries

RSS Center