US rig count increases while Oklahoma numbers drop

The number of oil and gas rigs active in Oklahoma declined by two in the past week leaving only 46 rigs drilling for new energy.

The Baker Hughes Co. reported the 46 compares to the 116 rigs reported one year ago. Nationally, the rig count increased by 3 to reach 793. The number of oil rigs grew by four to 682 while the number of gas-drilling rigs dropped by one to 109.

The past week’s count is down 234 from the 1,027 reported a year ago and includes a decline of 152 oil rigs and 84 gas rigs.

Oklahoma’s count of 46 compares to 404 in Texas where the count increased by 3 in the past week. Colorado remained at 21 while Louisiana’s count increased 3 to 52. New Mexico’s count increased by one to reach 116 and the count in North Dakota declined one to 51. Wyoming saw a drop of two to 21.

The Red Top Rig Report in Kansas reported a count of only 14 rigs, a decline of three in the past week. Kansas had 23 rigs a month ago and 25 a year ago.

The Mississippian play in northern Oklahoma and southern Kansas remained at two while the Granite Wash added one rig to reach two in western Oklahoma and the Texas Panhandle. The Permian Basin count grew by four to reach 415 while the Williston count declined one to 52.

The Ardmore Woodford in the state was unchanged at four rigs while the Arkoma was steady at one working rig. The D-J Basin in northern Colorado was unchanged at 20 while the Eagle Ford in South Texas remained at 68.