Rig counts rebound in Oklahoma and the U.S.

The number of active oil and gas rigs grew in the past week in Oklahoma and across the rest of the U.S. according to the latest rig report from Baker Hughes Co.

Oklahoma’s count increased by one to reach 53, far below the 126 active rigs reported last year at this time. In the U.S. the count grew by 15 to reach 796, still 254 below the 1,050 reported a year ago.

The latest weekly national report saw an increase of 14 oil rigs to reach 673 while the number of gas drilling rigs increased one to 120.

Oklahoma’s rig count compares to 401 in Texas where the number increased by 5 in the past week. New Mexico’s count grew by 3 to 105.

Colorado remained at 21 while Kansas, according to the Red Top Rig Report published by the Independent Oil and Gas Service added one rig to reach 23.

Louisiana’s count slipped one to 54 while North Dakota added 3 rigs to reach 52. Wyoming’s count grew by one to 25.

Oklahoma’s Granite Wash is back to zero rig activity following the loss last week of the only rig that had been drilling in the oil play. The Mississippian in Oklahoma and southern Kansas remained at only two working rigs. The Ardmore Woodford added a rig to reach 3 while the Arkoma Woodford remained at two.

The D-J Basin in Colorado stayed unchanged at 19 while the Eagle Ford in South Texas saw an increase of two to 69 The Permian Basin added 6 rigs to reach 403, still well below the 481 reported a year earlier. The Williston in North Dakota saw an increase of two to 53 rigs.

 

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