Business

Weekly US oil, gas rig count down by 12 to 1,953

By Washington Examiner
Published July 13, 2012 9:02pm ET
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HOUSTON (AP) — The number of rigs actively exploring for oil and natural gas in the U.S. is down by 12 this week to 1,953.

Houston-based oilfield services company Baker Hughes Inc. reported Friday that 1,427 rigs were exploring for oil and 522 for gas. Four were listed as miscellaneous. A year ago, Baker Hughes reported 1,905 rigs.

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