Active rotary rigs throughout the United States and Alaska (October 2004-October 2005).

AuthorPemberton, Jocelyn
PositionAlaska Trends for February 2006

Alaska Trends, an outline of significant statewide statistics, is provided by the University of Alaska Center for Economic Development and sponsored by American Fast Freight.

The Baker Hughes North American Rotary Rig Count is a calculation of the drilling rigs that are actively searching for or developing oil and natural gas throughout the United States and Canada.

In October 2005, the United States had 1,480 active rigs searching for or developing oil and natural gas, compared to just 1,251 rigs in October 2004. This growth in active rotary rigs suggests an almost 19 percent increase in the number of active rigs throughout the United States. In the period of one month, September 2005 to October 2005, the number of active rigs only slightly decreased from 1,483 to 1,480.

There were eight active rotary rigs in Alaska as of October 2005, compared to 10 rigs just one year prior. This decline in active rigs indicates a 20 percent reduction in the number of active rigs in Alaska. In the period of one month, September 2005 to October 2005, the total number of active rigs remained constant at eight active rotary rigs.

Source: Baker Hughes Website www.bakerhughes.com

ALASKA TRENDS FOR FEBRUARY 2006 Indicator Units Period GENERAL Personal Income -- Alaska Millions of $ 2ndQ05 Personal Income -- United States Billions of 2ndQ05 $ (SAAR) Consumer Prices -- Anchorage 1982-1984 = 100 1H05 Consumer Prices -- United States 1982-1984 = 100 1H05 Bankruptcies Alaska Total Number Filed September Alaska Business Only Number Filed September Anchorage Total Number Filed September Anchorage Business Only Number Filed September Fairbanks Total Number Filed September Fairbanks Business Only Number Filed September EMPLOYMENT Alaska Thousands September Anchorage Thousands September Fairbanks Thousands September Southeast Thousands September Gulf Coast Thousands September Sectoral Distribution -- Alaska Total Nonfarm Wage & Salary Thousands September Goods-Producing Thousands September Service-Providing Thousands September Natural Resources & Mining Thousands September Logging Thousands September Mining Thousands September Oil & Gas Extraction Thousands September Construction Thousands September Manufacturing Thousands September Wood Products Manufacturing Thousands September Seafood Processing Thousands September Trade/Transportation/Utilities Thousands September Wholesale Trade Thousands September Retail Trade Thousands September Food & Beverage Stores Thousands September General Merchandise Stores Thousands September Trans/Warehouse/Utilities Thousands September Air Transportation Thousands...

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