Rig activity unchanged in most states except New Mexico

Texas Bearing Brunt of Drop in Oil Drilling | The Texas Tribune


As the number of oil and gas rigs active in Oklahoma was unchanged last week, the nation’s count increased by 7 to a total of 740 and every one of the additional 7 was in New Mexico.

A Baker Hughes report on rig activity showed Oklahoma stayed at 59 rigs and Texas was unchanged at 356. Nationally, the increase of 7 included four oil rigs to a total of 584 while the number of gas rigs grew by three to 154. The nation’s count is 270 more than the 470 total number reported one year ago including 211 additional oil rigs and 57 more gas rigs.

New Mexico gained 7 rigs for a total of 110. All other states were unchanged from the previous week including North Dakota at 35, Louisiana at 62, Kansas at 55, Colorado with 16, Ohio at 12, Pennsylvania at 25, West Virginia at 14 and Wyoming had 18 rigs.

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The Permian Basin, according to the Baker Hughes report stayed at 345 rigs, which doesn’t explain how New Mexico’s rig activity, most of which is in the Basin, grew by 7.

The Ardmore Woodford continued with 3 rigs while the Arkoma Woodford was unchanged at 4 rigs. The Cana Woodford added two rigs for a total of 219.

The Barnett play stayed at 4 rigs while the D-J Basin continued with 15 rigs. The Eagle Ford picked up one additional rig to move to 69.

The Granite Wash lost one rig, leaving only one actively in use. The Haynesville saw a gain of one rig to reach 69. The Marcellus count was unchanged at 39 while the Mississippian stayed at two rigs.

The Utica play saw no change and stayed at 12 rigs while the Williston continued with 38 rigs.