Rig counts drop again in Oklahoma and across the US

The rig counts in Oklahoma and across the rest of the U.S. dropped again in the past week.  The state’s count fell 3 to 63. A year ago, there were 143 oil and gas rigs active in the state.

Nationally, the count fell by 5 to 855. Oil rigs fell by 3 to 710 and the number of gas-drilling rigs dropped by two to 144. In the past year, the oil and gas rig counts have slipped by 197 from 1,052. The number of oil rigs fell by 151 while the number of gas rigs dropped by 45.

The Permian Basin saw an increase of one rig to reach 415. The Ardmore Woodford saw a count of 2 rigs in the past week which was unchanged from the previous week. The Arkoma Woodford remained at three working rigs.

The Granite Wash stayed at 2 working rigs compared to the 13 rigs reported one year ago. The Mississippian’s count of 2 rigs remained the same. The D-J Basin in Colorado dropped one rig to reach 21. The Eagle Ford in South Texas slipped by 2 to 60 compared to the 78 working rigs a year earlier.

The Williston in North Dakota added 2 rigs to reach 55.

Oklahoma’s count of 63 compares to 414 in Texas where the count dropped by four. Colorado lost one rig to reach 24.

The Red Top Rig Report from the Independent Oil and Gas Service in Wichita reported this week’s rig count in Kansas was 37, down two.

Louisiana’s count slipped by one to reach 55. New Mexico added four to reach 113 rigs. North Dakota added a rig to hit 54 working rigs while Wyoming’s count declined by one to 33.