The Norman Transcript

October 7, 2012

U.S. drops 11 rigs

— The Associated Press
The Norman Transcript

HOUSTON — The number of rigs actively exploring for oil and natural gas in the United States dropped this week by 11 to 1,837; two of those in Oklahoma.

Texas-based oilfield services company Baker Hughes Inc. reported Friday that 1,398 rigs were exploring for oil and 437 were searching for gas. Two were listed as miscellaneous. A year ago, Baker Hughes listed 2,012 rigs.

Of the major oil- and gas-producing states, Texas lost 10 rigs; Louisiana and North Dakota each dropped by three; and Alaska and Oklahoma were down two apiece.

Pennsylvania added three rigs and California two.

Arkansas, Colorado, New Mexico, West Virginia and Wyoming were unchanged.

For local news and more, subscribe to The Norman Transcript Smart Edition, or our print edition.