FYI: Business
BY Staff and Wire reports
Saturday, February 16, 2013
2/16/13 at 2:16 AM
State drilling rig count slips by two to 194
The number of drilling rigs actively exploring for oil or natural gas in Oklahoma fell by two this week to 194, Baker Hughes Inc. reported Friday.
The tally is down 14 from a year ago, when it was 208.
Nationwide, the net number of active drilling units rose by three this week to 1,762, according to Houston-based Baker Hughes' website.
A year ago, the U.S. rig count was 1,994.
Of the rigs operating across the country this week, 1,337, or 76 percent of the total, were drilling for oil, while 421 were exploring for gas. Four rigs were listed as miscellaneous. A year ago, 64 percent of active rigs were exploring for oil, according to Baker Hughes data.
Friday on the New York Mercantile Exchange, benchmark crude oil for March delivery fell $1.45 to finish at $95.86 a barrel.
Natural gas fell a penny to end the week at $3.15 per 1,000 cubic feet.
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