Louisiana Goes Down Two Exploratory Oil Rigs; Nationwide Total Remains The Same

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. didn't increase this week, remaining at 975 for the second week in a row.

That exceeds the 751 rigs that were active this time a year ago.

Houston oilfield services company Baker Hughes reported Friday that 798 rigs drilled for oil this week and 177 for gas.

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Among major oil- and gas-producing states, Oklahoma increased by five rigs, Alaska gained four and Pennsylvania increased by three.

New Mexico decreased by three rigs; Louisiana, Ohio and West Virginia each lost two; and Colorado and North Dakota each decreased by one.

Arkansas, California, Kansas, Texas, Utah and Wyoming were unchanged.

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The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May of 2016 at 404.

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