Rig Counts Grew in Oklahoma and the U.S. in Past Week

 

Oil and gas rig counts were up in Oklahoma, Texas, New Mexico and Kansas in the past week while the national count soared by 16 to reach 901.

The Baker Hughes Co. of Houston and the Red Top Rig Report, courtesy of the Independent Oil and Gas Commission of Wichita reported increases in counts.

Oklahoma’s count grew by 4 to reach 122. One year ago, the state’s count was only 57. A year ago, the national count was 404. The U.S. count added 8 more oil rig to reach 720 in the past week while the number of gas rigs grew by 8 to reach 180.

Over the past year, the nation’s count grew by 497 and added 402 oil rigs and 95 gas rigs.

Colorado was the only nearby state to lose in its count of rigs, dropping two to reach 29. Louisiana added two to hit 64 while New Mexico’s count grew by one to reach 56. North Dakota remained at 44. Texas added 8 rigs to reach a total of 459. One year ago, the total count in Texas was 173. Kansas added 5 rigs in the past week to reach a total of 36.

Of the various oil plays in the region, the Woodfords in southern Oklahoma totaled 9 compared to 3 one year ago. The Permian in west Texas and New Mexico added 4 to reach 361. One year ago, there were 137 working rigs in the Permian.

The Granite Wash in Oklahoma slipped by one to have ten working rigs. The Mississippian added 3 to reach 9, A year ago, the Mississippian had only 3 working rigs.

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