US rigs gain four

** ADVANCE FOR WEEKEND EDITIONS, MARCH 4-5 ** A drilling rig stands over a natural gas well near Interstate 70 west of Rifle, Colo., in this photograph taken on Wednesday, Jan. 25, 2006. Energy companies hunting for natural gas are snapping up land all around them, either through old oil shale claims or through federal auctions. (AP Photo/David Zalubowski)

US rigs: up four

DAVID ZALUBOWSKI

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Luke Johnson

 08 June 2012 22:52 GMT

The number of oil and gas rigs drilling in the US rose by four this week, according to data from services giant Baker Hughes.

Oil and gas rigs continued to move in opposite directions as drillers focus more on more lucrative oil plays amid stubbornly low gas prices.

There were 28 more rigs drilling for oil this week for a total of 1414. There were 23 fewer gas rigs for a total of 565.

Most states either cumulatively gained rigs this week or remained flat. Arkansas was the only state to lose a rig, shedding one for a total of 21.

Colorado gained the most with four, brining its total to 74. Louisiana gained three for a total…

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