Oil and gas rig activity rebounds in Oklahoma and the nation

 

For the first time in a month, the nation’s oil and gas rig count rebounded as did the number of active rigs in Oklahoma in the past reported Baker Hughes Co. on Friday.

Oklahoma saw a gain of one rig to reach 56 total. A year ago, there were 51 rigs in the state.

Nationally, the growth in rigs included 3 more oil rigs for a total of 591 while the number of gas rigs grew by 2 to 159. The count compares to a year ago when there were 695 rigs, a gain of 58. The gain included 42 more oil rigs and 15 more gas rigs.

Texas led the nation with 377 rigs, a gain over 2 in the past week while New Mexico added one to hit 105. North Dakota was unchanged at 40 rigs while Louisiana stayed at 57.

The Red Top Rig Report showed Kansas dropped by four to 34 and Colorado added a rig to reach 19. Pennsylvania saw no change with 25 rigs and West Virginia was unchanged at 16. The count in Wyoming fell one to 18.

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The Permian Basin in West Texas and New Mexico remained tops with an addition of 2 to reach 358 working oil and gas rigs. The Williston in the northern reaches of the Upper Midwest saw no change with 41 rigs. The Eagle Ford stayed at 168 rigs and the Haynesville continued with 64.

The Ardmore Woodford remained at 3 rigs and the Arkoma Woodford stayed at one rig. The Cana Woodford count dropped one to 27 while the Barnett continued with 2 rigs.

The Granite Wash saw no change and stayed at 4 active rigs. The Marcellus was unchanged at 41 rigs. The Mississippi count fell one leaving only one remaining. The Utica stayed at 10 rigs.