US rig count increases 12 this week to 768; Louisiana up 5

The Associated Press - March 11, 2017 10:05 am

US rig count increases 12 this week to 768; Louisiana up 5
HOUSTON (AP) – The number of rigs exploring for oil and natural gas in the U.S. increased by 12 this week to 768.
A year ago, 480 rigs were active.
Houston oilfield services company Baker Hughes Inc. said Friday that 617 rigs sought oil and 151 explored for natural gas this week.
Louisiana increased by five rigs, Colorado and Oklahoma each were up three, Ohio and Wyoming rose by two and California gained one.
Alaska declined by three and New Mexico dropped one.
Arkansas, Kansas, North Dakota, Pennsylvania, Texas, Utah and West Virginia were all unchanged.
The U.S. rig count peaked at 4,530 in 1981. It bottomed out last May at 404.

 

Latest Stories

Ponca City High School Building Lady Cat Wrestling Team

Po-Hi is looking to build a team full of strong young women to participate in Lady...

NewPoint Church Hosting Back to School Event

School will begin in Ponca City on Wednesday, August 24th. NewPoint Church will host a Back-to-School...

Accusers Dismissed From Civil Rights Lawsuit Against Former OKC Officer Convicted Of Rape

OKLAHOMA CITY –  A civil lawsuit against a former Oklahoma City Police Department officer serving a 263-year prison...