The latest rig count showed an increase in Oklahoma but a nationwide decline according to Baker Hughes Co.
It was the first drop in oil and gas rig numbers across the U.S. in the past four weeks.
Oklahoma’s count grew by one to reach 32, far more than the 11 rigs reported one year earlier. Nationally, the count fell by 11 to 497 including a decline of 16 oil rigs to 394 and an increase of 5 oil rigs to 102.
The U.S. rig count is still 241 more than the 256 reported last year at this time. It also included an increase of 213 oil rigs and 30 gas rigs.
The rig count in Texas remained at 232 while New Mexico saw an increase of one to 82 rigs. North Dakota stayed at 22 rigs. Colorado was unchanged at 11 and Louisiana saw a loss of 14 rigs to 35 as Hurricane Ida left the state with extensive storm damage.
The Red Top Rig Report published by the Independent Oil and Gas Service in Wichita stated the Kansas rig count fell by one to 33. Ohio was unchanged at 12 while Pennsylvania stayed at 19 and West Virginia continued with 9 rigs. Wyoming’s numbers stayed at 18 rigs.
Oklahoma’s Ardmore Woodford stayed at four rigs while the Arkoma Woodford was unchanged with one rig.
The Eagle Ford of South Texas was unchanged at 35 while the D-J Basin in Colorado stayed at a dozen rigs. The Granite Wash in Oklahoma declined by one to four rigs while the Haynesville numbers increased by 3 to 48 rigs.
The Marcellus was unchanged at 28 and the Permian numbers grew by one to 250 rigs. The Utica stayed at 12 rigs and the Williston continued with 23 rigs.
The count of rigs engaged in the exploration and production of oil and natural gas in the United States was 497 for the week through Sep 3, lower than 508 in the prior week. Thus, the tally declined after increasing for four consecutive weeks, as the United States was hit by Hurricane Ida. The current national rig count is, however, higher than the year-ago level of 256.