Anadarko Basin makes big increase in rig activity

 

The number of rigs running in the U.S. rose by 13 in the last week to 607 as of Sept. 8, according to Enverus Rig Analytics.

The count is up 3% in the last month and 60% YTD. The largest week-over-week changes occurred in the Anadarko Basin, adding five to reach 53, and the Gulf Coast, rising by four to 71.

While the total U.S. active rig count is 116% higher than it was a year ago, rig numbers are still 33% below this time in pre-pandemic 2019. By major play, the Anadarko Basin is down 29% from two years ago, and Appalachia is down 25%. The DJ Basin, which has also seen an increase in required well setbacks and a more rigorous permitting process, is down 52%. The Gulf Coast is still down 28%, and the Permian is down 38%.

The Bakken, having endured an ongoing Dakota Access Pipeline saga that at points put into question whether the line’s takeaway might be shut in, is off 51%.

 

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