The Norman Transcript

Business

November 25, 2012

U.S. gains 8 rigs

HOUSTON (AP) — While the number of rigs actively exploring for oil and natural gas in the U.S. rose this week by eight, to 1,817, Oklahoma’s count dropped by one.

Texas-based oilfield services company Baker Hughes Inc. reported Wednesday that 1,388 rigs were exploring for oil and 428 were searching for gas. One was listed as miscellaneous. A year ago, Baker Hughes counted 2,000 rigs.

Of the major oil- and gas-producing states, Louisiana gained five rigs, Pennsylvania gained four, Texas gained two and Alaska and New Mexico each gained one.

California lost three rigs while Arkansas, Colorado and Oklahoma each lost one.

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