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.

Rigs drilling for oil were down seven at 1425. Those drilling for gas slipped by 11 to total 484 -- yet another 13-year low.

Texas lost the most rigs this week with nine for a total of 902. New Mexico gained two for a total of 85.

North Dakota took a hit with six fewer rigs, bringing its total to 186. Montana gained a rig for 22 on the week.

Pennsylvania lost four for a total of 68, while West Virinia added one to total 28. Ohio gained one for 19.

Oklahoma stayed flat…

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