Big three U.S. plays dropped almost 100 horizontal oil rigs Explorers idled more drilling rigs in U.S. oilfields this week as record supplies begin to make crude prices in the teens a real possibility. Rigs targeting oil in the U.S. fell by 28 to 439, after more than 1,000 were idled over the past year and a half, Baker Hughes Inc. said on its website Friday. The report marks eight straight weeks of declines in the number of working rigs. Natural gas rigs were trimmed by 2 to 102, bringing the total down by 30 to 541. Since October, the big three U.S. onshore plays — the Eagle Ford in south Texas, the Permian Basin in west Texas and the Bakken in North Dakota — have combined to drop almost 100 oil rigs that can drill horizontally underground, according to Suntrust Robinson Humphrey. “Those are the basins where you […]