Oil and Gas Rig Counts Grow in Oklahoma and the U.S.

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Both Oklahoma and the nation added more oil and gas drilling rigs in the past week, according to figures released Friday by Houston-based Baker Hughes Company.

Oklahoma added 6 rigs to reach 84 while the nation’s count grew by 16, hitting a total of 653. The newest figure nationally includes 13 more oil rigs to reach 523 and 3 more gas rigs, attaining a total of 129.

The U.S rig count is still 47 below the 700 reported one year ago and that includes 15 fewer oil rigs and 33 fewer gas rigs. Meanwhile, Canada’s rig count fell by 10 to hit 224.

The oil plays in Oklahoma included the Mississippian where the count remained at 3 while the Granite Wash was steady at 14. The Ardmore Woodford stayed at one and the Arkoma Woodford stalled at four. The Permian Basin in Texas and New Mexico added 4 rigs to hit 262 while the Eagle Ford in South Texas remained at 44.

Baker Hughes reported Kansas remained at one rig while the Red Top Rig Report from the Independent Oil and Gas Service showed a decline of 18 rigs, going from 45 a week ago to 27 this past week. Colorado added one to hit 28 and Louisiana grew by on e to reach 48.

The count in New Mexico grew by one to hit 33 while the count in North Dakota added one to hit 32. In Texas, the count grew by four to hit 321.