Friday, September 16, 2011

Oil and Gas by the Numbers 09/16/2011

Well as the unemployment rate continues to climb on the US average, the oil and gas industry seems to be moving steadily up. The price of oil has been bouncing around the $88. mark. The US rig count and new permits are up, however the price of gasoline is down slightly as might be expected after Labor Day.

Rig Count

09/16/2011

USA: 1985 (+27)

TX: 895 (+11)

LA: 156 (+6)

OK: 199

ND: 184 (+2)

PA: 113

NM: 84

CO: 75

WY: 51 (+1)

CA: 53 (+5)

UT: 26 (+3)

AK: 8 (+1)

WV: 25 (+4)

MT: 5

For the rig count in other states: Baker Hughes weekly rig Count

New Applications to Drill

09/09/2011 through 09/15/2011



TX: 345

ND: 43

MT: 6

WY: 56

Gasoline Prices

09/16/2011



US Average: $3.619/gallon

US Low: SC $3.326/gallon

US High: HI $4.179/gallon