Friday, March 28, 2014

Baker Hughes Rig Counts: Oil +14 Gas -8

A continuation of recent trends in today's Baker Hughes rig count.  Oil rigs up 14 to a new high, Gas rigs down 8 to a new low.

The same trends were reflected in both the horizontal and vertical rig counts for each type:

The two hottest oil plays, the Permian and Eagle Ford, continued to set the pace for rig additions, all on the oil side of the ledger, as their gas rig counts dwindle to nothing:

PDF Reports:
Rig Count Summary
Rig Count by Basin
Rig Count by State
Canada Rig Counts