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As Oil Prices Drop, Exploration Declines in Oklahoma

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HOUSTON (AP) — Oilfield services company Baker Hughes Incorporated says the number of rigs exploring for oil and natural gas in the U.S. declined by 12 this week to 1,918.

The Houston-based firm said Friday in its weekly report that 1,590 rigs were exploring for oil and 328 for gas. A year ago there were 1,739 active rigs.

Of the major oil- and gas-producing states, Texas gained two rigs, while Oklahoma's tally decreased by seven rigs, and New Mexico was down four. North Dakota each dropped one. The rig counts in Colorado, Kansas and Arkansas were unchanged.