Slight increase in US rig count


The weekly rig count provided by Enverus Rig Analytics showed an increase of two rigs in the past week to reach 642 as of Oct. 27.

The Austin firm indicated it is a 4% increase in the past month and 91% higher than a year ago.

Week-over-week changes by major play were unremarkable, ranging minus three to plus two. Activity levels are still down nearly 200 rigs compared to this time in 2019.

Several of the major plays are at or near 2019 levels for this time of year, with the Anadarko Basin running only four fewer rigs than on Oct. 27, 2019, at 53.

Appalachia is essentially flat at 46, while the Gulf Coast is off only 10% at 81. The Permian is still nearly 150 rigs, or 38%, below Oct. 27, 2019, levels at 239 rigs, and the DJ Basin is still down more than 40% at 14.