Oklahoma’s rig count slumps again

A year ago, there were 141 oil and gas rigs drilling in Oklahoma. As of this week, the count has dwindled to only 60 rigs. The state’s count dropped by two in the past week.

The numbers are starting to affect the state’s treasury as OK Energy Today has reported.

Nationally, the rig count slid by 5 to reach 851—713 oil rigs and 137 gas rigs. This week’s count is down 216 from the 1,067 rigs reported last year at this time.

In Texas, there are 423 oil and gas rigs, an increase of three over the past week. The Red Top Rig Report indicated the count in Kansas was 31, a drop of two rigs.

Colorado remained at 24 while Louisiana’s count slipped by two to 55. New Mexico dropped one rig to hit 111 while North Dakota stayed at 54. Wyoming added a rig to reach 34.

Of the oil plays, the Ardmore Woodford remained at two while the Arkoma Woodford stayed at three.

The Granite Wash continued with only two working rigs while the Mississippian remained at only two rigs.

The DJ Basin in Colorado added a rig to reach 22. The Permian Basin’s count grew by one to reach 422 while the Williston in North Dakota remained at 55 working rigs.