Oklahoma’s oil and gas rig count is down to 51

Oklahoma’s oil and gas rig count declined by one in the past week reaching only 51 active rigs compared to 145 a year ago.

The Baker Hughes Co. rig report was released early due to the Thanksgiving Holiday and showed the national rig count dropped by one to 802. The number of oil rigs declined by three to 668 while the number of gas rigs rose by two to 131.

Still, the U.S. count is 274 below the 1,076 rigs reported a year ago. Over the past year, the oil rig count is down 219 and the number of gas rigs is down 58.

Oklahoma’s rig count of 51 compares to 23 in Colorado where the count dropped one in the past week. Louisiana saw an increase of one to 57. The count in Texas slid by one to 405. Wyoming’s count dropped by one to 29. New Mexico’s count dropped by one to 103 and the count in North Dakota remained at 49.

Kansas saw a drop of two to 32 active rigs according to the Red Top Rig Report published by the Independent Oil and Gas Service in Wichita. A year ago, there were 46 active rigs in Kansas.

Two Oklahoma oil and gas plays still have no active rigs to report. The Ardmore Woodford remains at zero rigs. The Granite Wash which also covers part of the Texas Panhandle has no rigs compared to 15 a year ago.

The Arkoma Woodford stayed at three while the D-J Basin in Colorado slid by one to 21. The Eagle Ford in South Texas remained at 60 and the Mississippian in northern Oklahoma and southern Kansas lost one rig to land at two. The Permian Basin stayed at 405 while the Williston in North Dakota continued at 51.

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