Current BHI Stock Info

Baker Hughes (ticker: BHI), in its weekly release, says the number of rigs exploring for oil and natural gas in the U.S. declined to 988 this week. This marked the first time the weekly count was below 1,000 since September 2009.

Baker Hughes’s count put 760 rigs seeking oil and 225 were drilling for natural gas. Three were listed as miscellaneous.  If you look back one year, 1,831 rigs were active.

Texas led decliners by 29 rigs, Oklahoma -5, New Mexico -4, North Dakota -2. Colorado, Ohio and Wyoming each were down by one rig from last w...

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