US rig count falls by 30

US rig count: down 30

The number of rigs drilling for oil and gas fell by 30 this week to a total of 1746, according to data from Houston-based services giant Baker Hughes.

Both oil- and gas-directed rigs plunged. Oil rigs were down 17 to 1324. Gas rigs lost 13 for 418 after a surprising gain of 24 last week.

Texas was the big loser this week, shedding 11 rigs for a total of 827.

Louisiana also took a big hit, losing five rigs for 109.

Arkansas was flat on 15. Mississippi lost one for 10.

New Mexico was flat on 80.

Oklahoma lost four for 183. Kansas was flat on 24.

Colorado shed one for a total of 56. Wyoming lost three for 43.

Utah ticked up one for…

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