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xanadu90

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xanadu90

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Friday, 06/06/2008 3:37:23 PM

Friday, June 06, 2008 3:37:23 PM

Post# of 648882
Baker Hughes: Global oil/gas rig count rises to 3,073 in May
By Wallace Witkowski
Last update: 12:48 p.m. EDT June 6, 2008

SAN FRANCISCO (MarketWatch) -- Baker Hughes Inc. (BHI:87.51, -0.93, -1.0%) said Friday its worldwide rig count increased to 3,073 in May from 3,009 in April and 2,862 in May 2007. Baker Hughes said oil and gas drilling rigs in the United States stood at 1,863 in May, up from 1,829 in April and 1,748 in the year-ago period. Internationally, there were 1,075 rigs in May, compared with 1,074 in April and 1,007 in May 2007.
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