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US rig count falls by four

by on August 31, 2012 6:43 pm BST
 

Gas rigs got back to their losing ways after posting an unusual jump last week. There were 13 fewer rigs drilling for gas this week at 473 – 422 fewer than a year ago.

Oil rigs posted a weekly gain of 11 for a total of 1419 – 355 more than a year ago.

Texas lost the most rigs this week with six for a total of 889. New Mexico was up two rigs on 88.

Oklahoma was also up two rigs on 201 while Kansas was up one rig on 29.

Colorado and Wyoming were both flat on 61 and 52, respectively. Utah was flat on 39.

North Dakota was flat on 186 and Montana was flat on 22.

Louisiana and Mississippi were both flat on 121 and 10, respectively.

Pennsylvania lost two rigs to fall to 64 on the week. Ohio and West Virgina each gained one for 18 and 28, respectively. New York lost a rig and is now down to one statewide.

California lost 2 for 46.

Alaska gained a rig, its seventh, as Kenai Offshore Venture’s jack-up rig Endeavour arrived for Buccaneer Energy.

Arkansas was flat on 16.