Oklahoma and Texas Added Two New Active Rigs Last Week

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The number of active North American rigs jumped this week, according to the Baker Hughes rig count released on Friday.

The U.S. rig count rose by 5 to reach 511 active rigs after hitting a record low of 404 in May. Half a dozen land rigs were added while the inland waters lost one. Overall, the U.S. is down 327 rigs from last year’s figures.

Oklahoma and Texas led the pack with the largest gains, adding 2 rigs each last week.

Oklahoma has a cumulative total of 67 active rigs. A year ago, Oklahoma had 105 rigs.

Texas has 246 active rigs, down from a count of 363 a year ago.

North Dakota gained one rig while Louisiana and New Mexico both lost one active rig for the week.

Baker Hughes reported that Kansas has no active rigs; however, data from the Red Top Rig Report suggests a gain of one rig in the western region of Kansas for a cumulative total of 32 active rigs.

Canada gained 5 gas rigs and 2 oil rigs but lost a miscellaneous rig to reach a total of 138 since last week. In general, Canada remains down 38 rigs when compared with data from a year ago.

The Marcellus, Mississippian, Cana Woodford and Williston plays gained one active rig each last week.

Eagle Ford and the Permian basin each lost a rig last week.

 

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