Increased US drilling activity while slight drop recorded in Oklahoma

U.S. drillers add oil and gas rigs for ninth time in 10 weeks -Baker Hughes  | Reuters


The nation’s oil and gas fields saw a gain of 3 rigs to reach a total of 775 while there was a drop in activity in Oklahoma reported Baker Hughes on Friday.

The well-servicing company reported the number of oil rigs increased by 5 to 623 while the count of gas drilling rigs fell by 2 to 150. Still, the U.S. rig count is 174 higher than the 601 rigs reported one year ago. The additional drilling activity in the past year resulted in a gain of 131 oil rigs and 41 gas rigs.

Oklahoma’s count slipped by 2 to 64 rigs while the count in Texas increased by one to 379 rigs. New Mexico added 3 to reach 103 and North Dakota was unchanged at 39 rigs.

Louisiana’s count grew by on e to 67 rigs while in Colorado, the number fell by one to 20 rigs. Kansas saw a gain of two to reach 51 rigs according to the Red Top Rig Report while Wyoming stayed at 20 rigs and West Virginia was unchanged at 17. Ohio saw no change in its 14 rigs and Pennsylvania continued with 21 rigs.

The Permian Basin saw an increase in activity with a pickup of 3 rigs for a total of 356.

Oil production dips for first time in 19 months - The Dickinson Press |  News, weather, sports from Dickinson North Dakota

The Williston Basin remained at 42 rigs while the Eagle Ford gained 2 rigs to reach a total of 73.

The Ardmore Woodford was unchanged at 7 rigs and the Arkoma Woodford saw no change in its count of 2 rigs. The Cana Woodford numbers fell by 2 to 24 rigs while the count in the Barnett dropped one, leaving only 2 active rigs.

The D-J Basin count decreased one to 16 while the Granite Wash was unchanged at 10 rigs. The Haynesville numbers dropped by one to 68 rigs and the Marcellus was unchanged at 38. The Utica stayed at 14 rigs.