Big jump in US rig count

 

The U.S. saw its biggest rig count in months last week when the number of oil and gas rigs jumped by 15 to reach 338. Oklahoma’s count increased by one to reach 14, still lagging far behind the 50 working rigs reported last year at this time.

The US count included 12 more oil rigs to reach 258 while the number of gas rigs increased by four to 79. The nation’s count is still 461 fewer than the 799 working rigs reported a year ago. The present count includes a drop of 409 working oil rigs and 50 gas rigs.

Texas saw an increase of six rigs to reach 155, far below the 400 last year at this time. Colorado remained at 7 in the past week while Louisiana’s numbers stayed at 40. New Mexico had an increase of one rig to 60 and North Dakota continued with eleven.

Kansas was unchanged at 17 rigs, according to the Red Top Rig Report published by the Independent Oil and Gas Service of Wichita. Ohio saw an increase of one to five  rigs. Pennsylvania’s count increased by two to 19.

West Virginia was unchanged with 9 working rigs while Wyoming saw a jump of four rigs bringing the state’s entire count to five.

Of the oil plays, the Permian’ saw an addition of four rigs to 168. The Woodfords in Oklahoma remain empty of working rigs, according to the Baker Hughes numbers. The Granite Wash finally climbed out a hole and saw one active rig. The Mississippian play still has no reported rig activity.

The Eagle Ford of South Texas added three to reach 26 rigs. The Haynesville remained at 40. The Marcellus count grew by two to 27. The Williston stayed at eleven.