US rig count gains four

The number of rigs drilling for oil and gas in the US rose by four this week to total 1753, according to data from Houston-based services giant Baker Hughes.

Rigs drilling for oil fell by one this week to 1315 while those drilling for gas rose by five to 434.

The number of horizontal rigs was flat on 1127.

Oklahoma was the big gainer this week, adding eight rigs for 190. Kansas was flat on 29.

Texas added six for a total of 819.

New Mexico was flat on 79.

Louisiana added three for 109. Mississippi lost one for 10.

Arkansas was flat on 17.

Colorado added four for 55. Wyoming was flat on 48. Utah was flat on 28.

North Dakota lost one for 178. Montana lost five…

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