US loses four rigs

Rig count: US numbers continue to drop

The number of rigs drilling for oil and gas in the US fell by four this week to 1754, according to the latest weekly data from Houston service firm Baker Hughes.

The count of units drilling for oil was up by 10 to 1381, while the number drilling for gas was down by 13 to 366.

The figure is down 191 rigs from a year ago, when the overall count was 1945. Oil rigs are 53 units higher this year while gas rigs are down 247.

The count of offshore rigs stands at 49, flat from last week and up four from a year ago, Baker Hughes said.

State-wise, Alaska saw the greatest hit in rig losses, dropping five units for a total of three.

Colorado added two for 63 rigs, while Kansas added three rigs for 27.

Louisiana dropped by one to 109, while North Dakota shed three to 173.

Oklahoma gained three to 183, while Pennsylvania dropped by one to 59.

Texas dropped by three this week to total 834.

West Virginia and Wyoming stayed constant at 24 and 40 respectively.

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