Rig counts increase in Oklahoma and US

 

The latest numbers from Baker Hughes Company indicate oil and gas rig counts increased n Oklahoma and the rest of the U.S. in the past week.

Oklahoma’s count grew by one to 51, a far cry from the 117 active rigs reported a year ago.

Nationally, the count grew by one to 791 including an increase of one oil rig to reach a total of 679 while the number of gas rigs remained at 110.

The U.S. count is 256 down from the 1,047 rigs reported one year earlier. The drop includes a decline of 174 oil rigs and 84 gas rigs.

Oklahoma’s count is still small compared to the 397 active rigs in Texas which was the same count as a week ago. But a year ago, Texas had 508 active rigs.

Colorado’s count slipped by two to 20. Louisiana had 51 active rigs, a decline of one over the past week. The Independent Oil and Gas Service in Kansas reported an increase of two rigs to reach a total of 22 rigs. A year ago, Kansas had 29 active rigs.

New Mexico’s count increased by two to 115 while North dakota remained at 52. Wyoming dropped one to reach 21 active rigs.

The Permian Basin added one rig to reach 409, still below the 473 reported a year ago. The Ardmore Woodford in Oklahoma remained at 5 rigs while the Arkoma Woodford stayed at only one rig.

Colorado’s D-J Basin saw a decline of one rig to 19. The Eagle Ford in South Texas stayed at 70 rigs. The Granite Wash in western Oklahoma and the Texas Panhandle reported staying at two rigs. The Mississippian in northern Oklahoma and southern Kansas continued with only two rigs, down from the ten rigs reported a year ago.