Increase in rig numbers in US including Oklahoma

 

 

The data-tracking company, Enverus Rig Analytics reported the US rig count jumped by 16 in the past week to 509 as of April 7 including an increase in Oklahoma.

The company said the count grew by 9% in the last month but remains 17% below the count from a year ago.

In the last week, the largest change was in the Anadarko Basin of Oklahoma and Texas where six rigs were added, bringing the total to 28. All additions came from previously inactive companies firing up a rig.

The number of rigs running in the US during Q1 averaged 442 rigs, up 22% sequentially but down 45% against pre-pandemic 1Q20. Regionally, the Anadarko Basin average was up 26% compared to Q4 at 24 rigs, the DJ was up 43% at 10, the Gulf Coast was up 19% at 44, the Permian was up 27% at 194, and the Williston Basin was flat at 13.

Among natural gas plays, the Haynesville Q1 average was up 17% sequentially at 42, which is also two more rigs than in 1Q20. The Appalachian rig count was also up 17% sequentially at 41 rigs, but was still down from 45 in the year-ago quarter.

Source: press release

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