US drops 11 to 1,848 rigs exploring for oil, gas
HOUSTON (AP) — The number of rigs actively exploring for oil and natural gas in the U.S. dropped this week by 11 to 1,848.
Texas-based oilfield services company Baker Hughes Inc. reported Friday that 1,410 rigs were exploring for oil and 435 were searching for gas. Three were listed as miscellaneous. A year ago, Baker Hughes listed 1,991 rigs.
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