Nation’s rig count slipped again while Oklahoma saw a slight rebound

US rig count up by 10


The nation’s number of active oil and gas rigs took another drop in the past week, according to Baker Hughes Co. while Oklahoma added one to reach 40 active rigs.

The nation’s count fell by 6 to 669 including a decline of 7 oil rigs, leaving 530 while the number of gas rigs fell by 2 to 131. The latest national count is 89 fewer than a year ago when there were 758 oil and gas rigs. The decline in the past year included 69 oil rigs and 24 gas rigs.

Oklahoma’s latest count is 40, up one in the past week and still 23 fewer than a year ago. Texas saw a decline of 7 rigs, leaving 322 wile New Mexico was unchanged at 113. North Dakota stayed at 7 rigs while Louisiana’s count of 49 was 2 down from last week. Colorado saw no change with its count of 15 rigs.

The Red Top Rig Report showed the count in Kansas was 38, one less than the previous week. Ohio stayed at 13 while Pennsylvania was unchanged with 23 rigs. Wyoming continued with 19 and West Virginia’s count remained at 12.

Of the formations and oil plays, the Permian Basin count fell by 4 to 333 while the  Eague Ford slipped by 2 to 57 rigs. The Marcellus stayed at 35 and the count in the Haynesville slipped one to 44 active rigs.

Marcellus natural gas trend - Wikipedia

(Marcellus shale)

The Ardmore Woodford remained without any drilling activity while the Arkoma Woodford stayed at one and the Cana Woodford continued with 22 rigs.

The Barnett stayed at one rig while the DJ Basin was unchanged at 14. The Granite Wash count fell one to two rigs while the Mississippian again reported on drilling activity, at least based on the Baker Hughes Co. report.

The Utica stayed at 13 rigs and the Williston continued with 35.