U.S. oil and natural gas rig count down by 8 to 877

August 28, 2015 7:19 PM

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U.S. oil and natural gas rig count down by 8 to 877

HOUSTON (AP) — Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. this week declined by eight to 877.

Houston-based Baker Hughes said Friday 675 rigs were seeking oil and 202 explored for natural gas. A year ago, with oil prices nearly double the prices now, 1,914 rigs were active.

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