Nov 21, 2010

US rig count slips lower



US drilling activity dipped this week after three consecutive weeks of small increases, with 1,677 rotary rigs now working, down 8 from the previous week, Baker Hughes Inc. reported. That compared with 1,113 units drilling in the same period last year. 
Land operations had the biggest decline, down 5 rigs to 1,637 working. Offshore drilling dropped 3 units with 20 working, all in the Gulf of Mexico. Inland waters activity was unchanged with 20 active rigs. 
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SourceL Oil & Gas Journal

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