Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by 11 this week to 894.
Houston-based Baker Hughes said Friday that 668 rigs were seeking oil and 221 explored for natural gas. Five were listed as miscellaneous. A year ago, with oil prices nearly double the current price, 1,855 rigs were active.
Among major oil- and gas-producing states, Oklahoma lost six rigs, Louisiana was down three, New Mexico declined by two and Arkansas, California, Kansas, Ohio, Texas, Utah and West Virginia were off one each.