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 five this week to 1,752.
The Houston-based company said in its weekly report Friday that 1,341 rigs were actively exploring for oil and 407 for gas. Four were listed as miscellaneous. A year ago, Baker Hughes counted 1,973 working rigs.
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