Business

Drilling in Kansas starts to slow in reaction to falling oil prices

The number of oil and gas drilling rigs working in Kansas has started to fall in reaction to a drop in oil prices, according drilling services company Baker Hughes.

There were 18 rigs drilling in the state during the first two weeks of February, compared to an average of 25 active rigs in January. Rig counts in Kansas averaged in the mid- to high-20s in the second half of 2014.

Oil drilling nationwide has fallen as the price of benchmark West Texas Intermediate has fallen from more than $90 per barrel in September to $52.76.

This story was originally published February 16, 2015 at 9:34 AM with the headline "Drilling in Kansas starts to slow in reaction to falling oil prices."

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