Environment and Energy
June 12, 2015
US Gas & Oil Rigs Almost 1000 Rigs Lower than Last Year
Written by Brett Linton
According to Baker Hughes data from June 12, 2015, the U.S rig count for the week was 859 rigs exploring for or developing oil or natural gas. The last time the active U.S. count was this low was back on January 17, 2003 at 845 rigs.
This week’s total rig count is down 9 rigs when compared to last week, with oil rigs down 7 to 635 rigs, gas rigs down 1 to 221 rigs, and miscellaneous rigs down 1 to 3 rigs. Compared to this time last year, the 859 count is down 995 rigs, with oil rigs down 907, gas rigs down 89, and miscellaneous rigs up 1.
