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Basin rig count down one as prices drop

Summary by Odessa American
The rig count in the Permian Basin was down one this week, the latest count Friday by Baker Hughes shows, with 304 rigs active in the region. A year ago, 334 rigs were active in the region. Nationally, the oil and gas rig count is up three from last week at 589 rigs. A year ago, 664 rigs were active. The count shows that 482 rigs sought oil, up five from the previous week, and 101 explored for natural gas, down two from the previous week. The co…
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