HOUSTON (AP) — Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by two this week to 874. But the total number of rigs drilling for oil is actually up.
Houston-based Baker Hughes said Friday 664 rigs were seeking oil—a rise of five since last week—and 209 explored for natural gas—down seven. One was listed as miscellaneous. A year ago, 1,889 rigs were active.