FYI: Business

BY Staff and Wire reports
Saturday, October 13, 2012
10/13/12 at 3:13 AM


Oklahoma rig count rises by one this week

The number of drilling rigs actively exploring for oil or natural gas in Oklahoma increased by one this week to 191, Baker Hughes Inc. reported Friday.

The tally is down six from a year ago, when it stood at 197.

Nationwide, the number of active drilling units dipped by two this week to 1,835, according to Houston-based Baker Hughes' website.

A year ago the U.S. rig count was 2,023.

Of the rigs operating this week across the country, 1,411, or 77 percent of the total, were drilling for oil, while 422 were exploring for gas. Two were listed as miscellaneous. A year ago, 53 percent of rigs were exploring for oil.

Friday on the New York Mercantile Exchange, benchmark crude oil fell 21 cents to end the week at $91.86 per barrel. Natural gas rose less than a penny to finish at $3.611 per 1,000 cubic feet.

American to modify seats on more jets

American Airlines says it will modify seats on 49 more planes to prevent rows of seats from coming loose during flight.

The carrier is addressing the same problem that caused it to ground 48 planes last week - the seat rows aren't locking properly into tracks on the floor.

Crews will add a "secondary locking device" to seats in most of American's Boeing 767s, spokeswoman Andrea Huguely said Friday. Those are wide-body planes used on international flights.

Seats came loose on three U.S. flights involving two Boeing 757s earlier this month.

There have been no similar mid-flight incidents of loose seats with the Boeing 767s, but the airline is reinforcing the locking systems as a precaution, Huguely said.

Work started late Thursday and will be done by Oct. 21, she said.
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