The Norman Transcript

January 20, 2013

U.S. rig count drops by 11

The Associated Press

HOUSTON (AP) — Oilfield services company Baker Hughes Inc. says the number of rigs actively exploring for oil and natural gas in the U.S. dropped by 12 this week to 1,749.

The Houston-based company said in its weekly report Friday that 1,316 rigs were exploring for oil and 429 for gas. Four were listed as miscellaneous. A year ago, Baker Hughes counted 2,008 working rigs.

Of the major oil- and gas-producing states, Oklahoma declined by three.

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