U.S. rig count drops this week to 1,776
HOUSTON (AP) -- Oilfield services company Baker Hughes Inc. says the number of rigs actively exploring for oil and natural gas in the U.S. dropped 15 this week to 1,776.
The Houston-based company said in its weekly report Friday that 1,382 rigs were exploring for oil and 387 for gas. Seven were listed as miscellaneous. A year ago there were 1,898 active rigs.
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