BY Staff and Wire reports
Saturday, March 02, 2013
3/02/13 at 3:21 AM
State drilling rig count rises by two to 187
The number of drilling rigs actively exploring for oil or natural gas in Oklahoma rose by two this week to 187, Baker Hughes Inc. reported Friday.
The tally is down 14 from a year ago, when it was 201.
Nationwide, the net number of active drilling units fell by four this week to 1,757, according to Houston-based Baker Hughes' website.
A year ago, the U.S. rig count was 1,989.
Of the rigs operating across the country this week, 1,333, or 76 percent of the total, were drilling for oil, while 420 were exploring for gas. Four rigs were listed as miscellaneous.
Friday on the New York Mercantile Exchange, benchmark crude oil for April delivery fell $1.37 to close at $90.68 a barrel, the lowest level this year. The price has dropped 6 percent in the last two weeks
Natural gas fell 3 cents to end the week at $3.46 per 1,000 cubic feet.
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