US rig count drops by 17

** 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)

Rig count: US loses 17

DAVID ZALUBOWSKI

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Luke Johnson

 17 August 2012 20:52 GMT

The number of rigs drilling in the US fell by 17 this week for a total of 1914, according to Houston-based services giant Baker Hughes.

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