Increased U.S. drilling activity reported this week

 

Whether it’s Baker Hughes Co.’s report or the one from the data analysis firm Enverus—they show increased drilling in the past week in the U.S. Oklahoma’s numbers remained steady at 13 rigs compared to the 51 a year ago.

The latest U.S. rig count supplied by the data analysis firm Enverus shows an increase of 16 in the past week.  Baker Hughes Co. put the increase at 10 with a total of 320.

Enverus, the Austin, Texas firm showed the number of rigs running in the country reached 397 as of Nov. 24. It indicated the count grew by 18% over the past month but remained down 52% compared to one year ago.

Baker Hughes said its numbers showed the number of oil rigs rose to 241 while the number of gas rigs reached 77. It also reported the total U.S. count remains 482 fewer than the 802 reported a year ago with a drop of 427 oil rigs and 54 gas rigs.

The Permian Basin saw its count increase by 8 in the past week, reaching 168 active rigs according to Enverus. The Williston Basin in North Dakota and Montana added one to hit 14 rigs.

Here’s how Enverus described the Permian Basin activity:

“In the Permian, Mewbourne Oil added one rig in the last week, bringing its total to seven and reaching an activity level it hasn’t had since April. EOG continued its Permian acceleration, adding one rig. Currently running 13 in the basin, the company has been ramping up since the end of August when it was only running four rigs. Also up by one rig on the week, Endeavor Energy Resources is now running five Permian rigs compared to the three with which it entered October.”

The Gulf Coast count grew by three to reach 43 while the number in Appalachia increased by five to hit 39.

The increase in Appalachia included one more rig by Oklahoma City-based Ascent Resources which now has three rigs running in the region. EQT added two rigs to reach four rigs in the same area.

Baker Hughes broke down its numbers reflecting 147 rigs in Texas, an increase of three in the past week. Colorado gained one to reach 5 rigs while Louisiana added one to hit 39 New Mexico’s count increased by three to hit 58 while North Dakota was unchanged at eleven.

Pennsylvania had 20 rigs, West Virginia 7, Wyoming two and Ohio four rigs.

Oklahoma’s Arkoma Woodford and Ardmore Woodford still do not have drilling activity–at least according to Baker Hughes. The D-J Basin in South Texas increased by three to hit 23 rigs. The Haynesville stayed at 40 while the Marcellus continued with 27.

The count in the Permian Basin increased by five with 161 active rigs. The Mississippian, stated Baker Hughes, had no drilling activity. The Utica count was four and the number of rigs in the Williston was unchanged at eleven.

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