
Texas Oil and Gas Rig Count Continues Decline
The Texas oil & gas industry has been hard hit by the drop in crude oil prices. As of June 5 the Texas oil & gas rig count is 364, down from 891 rigs a year ago, or a drop of idle 518 rigs.

The Texas oil & gas industry has been hard hit by the drop in crude oil prices. As of June 5 the Texas oil & gas rig count is 364, down from 891 rigs a year ago, or a drop of idle 518 rigs.