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US rig count up by eight

by on November 21, 2012 10:02 pm GMT
There were 11 more rigs drilling for gas this week, for a total of 428, signifying steadily rising gas prices that have improved since being stuck at decade lows for much of the year.Rigs drilling for oil fell by two for a total of 1388.Louisiana was the big mover this week,

US rigs lose 26

by on November 2, 2012 8:17 pm GMT
The recent trend was flipped on its head this week as oil rigs suffered a sharp decline and gas rigs gained for only the tenth week this year.Oil rigs were down by 35 for a total of 1373 and gas rigs rose by rose by eight for 424. The data could be

US rig count falls by 13

by on October 26, 2012 7:50 pm GMT
The number of gas rigs were down by 11 to total 416. Oil rigs also took a hit, losing two for 1408.Texas took the biggest loss this week, shedding seven rigs for a total of 860.New Mexico was the next biggest loser with five for a total of 82.Oklahoma lost three to

US rig count down by 11

by on September 28, 2012 6:05 pm GMT
Rigs drilling for oil rose by 8 this week to total 1410, while the units drilling for gas fell by 19 to total 435. The moves were reflective of an industry-wide push towards oil drilling, as natural gas prices remain stubbornly depressed.Oklahoma suffered the biggest hit among all the states this week,