The number of oil and gas rigs active in the U.S. field decreased by three over the past week to reach a total of 764, according to the Baker-Hughes Rig Report. Oklahoma remained flat with 64 active rigs, up by 33 since a year ago.
Although its rig count is flat for the week, the Permian Basin leads the way with 347 active rigs, down four for the week. The Williston Basin has 39 rigs, up one for the week. Other plays gaining a rig include the Ardmore Woodford, now standing at three rigs, Granite Wash with seven active rigs and DJ-Niobrara with 17 rigs. Cana-Woodford lost a rig and now has 23.
Texas remains the most active state with 373 active rigs followed by New Mexico with 104. Oklahoma is third in the state rankings followed by Louisiana with 62 rigs. Colorado has 21 rigs.