Rig counts continue their decline in Oklahoma and the U.S.

 

Baker Hughes Co. reported the nation’s decline in oil and gas rig activity continued again in the past week as the national count fell by 8 and Oklahoma’s numbers slipped by two. In other words, more rigs were idle in the past week.

The count in Oklahoma fell to 42 compared to 59 oil and gas rigs reported a year ago. Nationally, the decline left 687 oil and gas rigs and the drop included four oil rigs, leaving 552 active in the various oil and gas plays. The number of gas rigs fell by 5 to 130.

Compared to a year ago when there were 740 oil and gas rigs active in the U.S., the count is down by 53. The decline included 32 oil rigs and 24 gas rigs.

Texas saw no change in its count of 347 rigs while New Mexico recorded a decline of 4 to 104 rigs. North Dakota was unchanged with 36 rigs.

The Red Top Rig Report in Kansas indicated a gain of 2 rigs to reach a reported 44 active rigs in the state, more than recorded in Oklahoma. Ohio added 3 rigs to reach a count of 13 while Colorado was unchanged at 16 rigs.

Louisiana’s numbers declined by 3 to 50 and Pennsylvania recorded a loss of 2 rigs, leaving 22 actively drilling for new energy. West Virginia fell by 2 to 13 and Wyoming was unchanged at 17.

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Of the oil and gas plays, the Permian Basin numbers dropped by 4 to 342 rigs while the Williston saw no change with 36 rigs.

The Haynesville stayed at 51 rigs and the Eagle Ford count increased by 2 to 60 rigs.

The Ardmore Woodford still had no rig activity, reported Baker Hughes. The Arkoma Woodford continued with one rig and the Cana Woodford remained at 23. The Barnett remained with one rig while the D-J Niobrara continued with 14 rigs.

The Granite Wash remained at 34 rigs while the Marcellus count declined by 4 to 35. The Mississippian stayed at one rig and the Utica count grew by 3 to 13 rigs.