Oil and gas rig numbers continue a free fall in Oklahoma and the U.S.

Rig count is unchanged in Oklahoma while nationally it grew by one - Oklahoma Energy Today

 

The nation’s oil and gas firms cut another 9 rigs from their active list reported Baker Hughes Co., a drop that included 7 more in Oklahoma as the state’s rig count fell to 46 and more were put in storage.

Baker Hughes indicated Oklahoma’s count is 13 fewer than one year ago. Nationally, the count dropped to 711. The number of oil rigs in the past week fell by 5 to 570 while the number of gas drilling rigs declined by 4 to 137.

The U.S. count is also 16 fewer than a year ago when there were 727 rigs. The decline includes a loss of 4 oil rigs and 14 gas gas compared to last year at this time.

Texas saw a gain of 2 rigs to 359 while New Mexico’s count fell one to 108 rigs. North Dakota remained at 37 while Louisiana saw a loss of 2 rigs to 54.

The Red Top Rig Report showed a two-rig gain for Kansas as the state reached a total of 35. Colorado’s count fell one to 17 while Pennsylvania remained at 24 and West Virginia stayed at 15. Wyoming’s count grew by one to 16.

Rigs down by 21 percent since start of year

The Permian Basin count grew by one to 350 rigs while the Eagle Ford in South Texas added one to 60. The Williston was unchanged at 38 rigs.

The Ardmore Woodford was unchanged with one rig, as was the Arkoma Woodford. The Cana Woodford saw a drop of two rigs to 22. The Barnett declined one to only one active rig.

The D-J Niobrara count slipped by one to 14 and the Granite Wash added a rig to reach 3. The Haynesville count fell by 3 to 54 while the Marcellus was unchanged at 39 while the Mississippian remained at one rig.

The Utica stayed at 10 rigs.