Texas-based oilfield services company Baker Hughes Inc. reported Friday that 1,408 rigs were exploring for oil and 416 were searching for gas. Two were listed as miscellaneous. A year ago, Baker Hughes listed 2,021 rigs.
Of the major oil- and gas-producing states, Texas dropped seven rigs and New Mexico fell by 5. Alaska and Oklahoma lost three apiece, and West Virginia was down by two.
Louisiana (four) and North Dakota (one) were the only states to gain rigs.
Arkansas, California, Colorado, Pennsylvania and Wyoming were unchanged.
The rig count peaked at 4,530 in 1981 and bottomed at 488 in 1999.
ABWA scholarship fundraiser:The Norman chapter of American Business Women’s Association plans its first fall scholarship fundraiser bowling event.
The fundraiser will be from 2 to 5 p.m. Friday, Nov. 2, at Sooner Bowling Center, 550 24th Ave. N.W. in Norman. Trophies will be given for first and second place, and for “worst” team and best team outfit. Cost is $25 per player. More info: Jo Ann Arps, 414-3656