Rig Count Down Slightly
The number of rigs actively exploring for oil and natural gas in the U.S. this week fell by three from the week before.
Of the 1,839 rigs running nationwide, 1,473 are exploring for natural gas and 357 for oil, according to Baker Hughes Inc., which tracks rig operations worldwide. Nine rigs were listed as miscellaneous.
A year ago, the rig count stood at 1,747.
This week, 69 rigs are running offshore, mostly in the Gulf of Mexico.
In Canada, the rig count rose by seven from a week ago, to 95, up by six from a year ago.