Oil and gas rig numbers see little change nationally and in Oklahoma

Rig activity on hold in Oklahoma but growing nationwide – Oklahoma Energy  Today

 

The latest rig report from Baker Hughes showed Oklahoma’s count slipped by one to 64 while nationally, the count gained one to reach a total of 765.

Baker Hughes reported Oklahoma’s count of 64 compared to 40 a year ago.

Nationally, the count included a gain of two oil rigs for a total of 604 while the number of gas rigs declined by one to 159. The U.S. count is also 237 more than the 528 reported a year ago. Over the past year, the nation saw a gain of 176 oil rigs and 60 more gas rigs.

Oklahoma’s count of 64 compared to Texas where there was a decline of  two to 360 rigs. New Mexico gained two to reach 113 while North Dakota, another of the nation’s top oil-producing states gained one to a total of 38 rigs.

Colorado remained at 21 while Louisiana was unchanged at 66 and Wyoming stayed at 20. Ohio’s count slipped one to 10 and Pennsylvania saw a decline of one to 23. West Virginia gained four to a total of 16.

Oklahoma Oil Rig Count Down 27% Year Over Year

Of the oil plays, the Permian was unchanged at 344 while the Eagle Ford stayed at 72 and the Williston saw no change at 39 rigs.

The Ardmore Woodford gained one to four rigs while the Arkoma Woodford saw a decline of 3, leaving 5 rigs. The Cana Woodford added one for a total of 26.

The Barnett stayed at 3 while the D-J Basin was unchanged at 17 and the Haynesville saw no change with 71 rigs.

The Marcellus added 3 rigs for a total of 39 rigs while the Mississippi dropped one, leaving only one active rig. The Utica count dropped one to 10 rigs.

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