Breitling Oil and Gas Morning Podcast #202 12-4-12

Here is the rig count for this week in the United States. The oil and gas industry remains very busy with a focus on drilling for oil versus natural gas. The number of rigs actively exploring for oil and natural gas in the U.S. rose this week by three, to 1,809.

1,390 rigs were exploring for oil and 417 were searching for gas. A year ago at this same time we had 2,001 rigs in the U.S.

Of the major oil- and gas-producing states, Louisiana gained five rigs, Colorado three and California and West Virginia one each. Alaska, New Mexico, Oklahoma and Pennsylvania declined by two apiece and Texas and Wyoming each fell by one. Arkansas and North Dakota were unchanged.

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