Oct 31, 2010

U.S. natgas rig count climbs 2 to 967 - Baker Hughes



Source: Reuters - The number of rigs drilling for natural gas in the United States rose by two this week to 967, its first gain in three weeks, oil services firm Baker Hughes said on Friday.
Horizontal rigs -- the type most often used to extract gas from shale -- climbed by 12 to 919, still shy of a record-high 929 hit in early October.
The gas-directed rig count hit 992 in mid-August -- its highest since the 1,018 rigs logged in February 2009.
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