Rig Report

US rig count increases by 9 to 1,492 – Yahoo! News.

Oil rigs continue to increase and gas rigs decrease as the price difference between oil and gas continues to widen.

HOUSTON – The number of rigs actively exploring for oil and natural gas in the U.S. increased by nine this week to 1,492.

Houston-based Baker Hughes Inc. said Friday that 953 rigs were exploring for natural gas and 528 for oil. Eleven were listed as miscellaneous. A year ago this week, the rig count stood at 928.