Both Oklahoma and the U.S. dropped in the number of active oil and gas rigs in the past abbreviated week, according to Baker Hughes Co. which released the figures two days earlier than normal because of the Thanksgiving holiday.
Oklahoma’s count dropped two to hit 144 rigs while the national count fell by three to hit 1,079. The number of oil rigs fell by 3 to reach 885 while the number of gas rigs was unchanged at 194.
The U.S. count is still 156 higher than last year’s count of 923 at this time. There are 138 more oil rigs than a year ago and the number of gas rigs is 18 higher.
Oklahoma’s count compares to Texas where the number of rigs slipped 3 to reach 532. Kansas added one rig to hit 49 according to the Red Top Rig Report.
Colorado stayed at 34 while Louisiana added four to reach 69 and New Mexico grew bny 3 to hit 108.
North Dakota’s count fell by 3 to reach 152 while the number of working rigs in Wyoming dropped two to reach 28.
Of the oil and gas plays, the Permian remained at 493 while the Mississippian in Oklahoma and Kansas stayed at 7. The D-J Niobrara in Colorado remained at 29 while the Woodfords in Oklahoma were steady at 10 rigs. The Granite Wash in Oklahoma and the Texas Panhandle dropped one to hit 15 working rigs.