US rig count this week up 23

AP News
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Posted: Nov 13, 2009 5:52 PM

The number of rigs actively exploring for oil and natural gas in the U.S. this week has risen by 23 to 1,101.

Houston-based Baker Hughes Inc. said Friday that 728 rigs were exploring for natural gas and 361 for oil. Twelve were listed as miscellaneous. A year ago this week, the rig count stood at 1,941.

Of the major oil- and gas-producing states, Texas gained 25 five rigs, Alaska was up two and California one. Louisiana and New Mexico each declined by three. Arkansas, Colorado and Wyoming were unchanged.

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The rig count peaked at 4,530 in 1981, during the height of the oil boom. The industry posted a record low of 488 in 1999.