The nation’s rig count saw a dramatic improvement in the past week as the numbers soared by 14 to reach 813 active oil and gas rigs, according to figures from Baker Hughes. At the same time, Oklahoma’s count increased by one to reach 51 rigs.
Nationally, the increased included 18 more oil rigs to reach 685 while the number of gas rigs declined by four to 125. Compared to a year ago, the nation’s rig count is down 267 from 1,080 including a drop of 198 oil rigs and 72 gas rigs.
Texas remains number one with 418 rigs, an increase of 18 over the past week. New Mexico added one rig to hit 103. Colorado remained at 22 working rigs.
Kansas dropped 8 rigs and fell down to 20 compared to the 35 it had one year ago according to the Red Top Rig report published by the Independent Oil and Gas Association in Wichita.
Louisiana added two to hit 58 and the count in Wyoming fell by two to 25.
The Permian Basin in Texas and New Mexico added 14 rigs to hit 414. The Mississippian in Oklahoma and Kansas remained at two. The Eagle Ford in South Texas added 7 to reach 67 rigs. The D-J Basin in Colorado remained at 20 while the Williston in North Dakota dropped one to 51 working rigs.
The Granite Wash in Oklahoma and the Texas Panhandle stayed at one rig. The Ardmore Woodford continued with zero rigs while the Arkoma Woodford reported three rigs.
