Oklahoma Rig Count Decreases by 11 This Week

Apr 20, 2013

Drilling rig
Credit OU

HOUSTON (AP) — Oilfield services company Baker Hughes Incorporated says the number of rigs actively exploring for oil and natural gas in the U.S. fell by 13 this week to 1,758.

The Houston-based company said in its weekly report Friday that 1,371 rigs were exploring for oil and 379 for gas. Eight were listed as miscellaneous.

Texas led this week's decline, down 11 rigs. Oklahoma fell by five.

West Texas intermediate crude priced at Oklahoma's Cushing pipeline hub closed the week at $88.01 a barrel.