Nov 14, 2010

US rig count increases by 2



The number of rigs actively exploring for oil and natural gas in the U.S. increased by two this week to 1,685.
Houston-based Baker Hughes Inc. said Friday that 955 rigs were exploring for natural gas and 720 for oil. Ten were listed as miscellaneous. A year ago this week, the rig count stood at 1,101.
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Source: Mercury News

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