Oklahoma’s drilling activity remained stymied—US saw slight increase in past week

 

Oklahoma stood still in terms of active drilling rigs in the past week while the nation’s count grew by 6 to reach 261.

Baker Hughes Company reported Oklahoma’s count stayed at a dozen active rigs but nationally, the number of oil rigs increased by 4 to reach 183 and the number of gas rigs grew by two to reach 75. Oklahoma had 66 active rigs one year ago.

Still, the U.S. rig count is 599 down from the 860 reported a year ago and the drop includes 530 oil rigs and 71 gas drilling rigs. The number of offshore drilling rigs stayed at 14 in the past week, a number that is ten below a year ago.

Oklahoma’s count of 12 compares to the 113 rigs in Texas, a number that increased by 7 but is far below the 418 reported a year ago.

Colorado remained at 5 while Louisiana added one to reach 39. The Red Top Rig Report published by the Independent Oil and Gas Service in Wichita reported the Kansas rig count remained at 10, well below the 39 reported a year ago.

New Mexico saw a drop of two to 41 in the past week, far below the 109 rigs it had last year at this time. North Dakota’s current count is unchanged at 9 while Wyoming has only one active rig, based on the Baker Hughes report.

In other words, more rigs remain in storage.

Oklahoma’s Ardmore Woodford still is without any active drilling rigs while the Arkoma Woodford has one, same as a week ago. The D-J Basin in Colorado has four rigs while the Eagle Ford of South Texas increased three to reach a dozen active rigs.

The Granite Wash in Oklahoma has only one rig, same as a week ago. The Mississippian in Oklahoma and southern Kansas, stated the Baker Hughes report is still without any active rigs. The Permian Basin saw an increase of two to hit 125, compared to 414 a year ago.

The Haynesville in eastern Texas and western Louisiana remained at 36 while the Marcellus in West Virginia and Pennsylvania grew by one to 26. The Utica shale play in Ohio saw an increase of one to reach six rigs. The Williston in North Dakota and Montana was unchanged at 10 rigs. The Barnett shale play of north Texas has no reported drilling activity.