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

Oklahoma’s oil and gas rig count continues its slow decline following the national trend according to the most recent report from Baker Hughes Company.

In the past week, Oklahoma’s rig count fell by one to 39. A year ago, there were 63 active oil and gas rigs in the state.

Nationally, the count fell by 5, leaving 675 active rigs. Baker Hughes reported the decline included 3 more oil rigs, leaving 537 still in service and the number of gas rigs fell 2 to 133. The U.S. rig count is down 81 from a year ago when there were 576 rigs. the drop includes 62 oil rigs and 20 gas rigs.

Despite the decline in rigs across the country, the nation’s oil production is still on the increase.

Texas recorded a loss of 8 rigs, leaving 329 actively in service. New Mexico added two to reach 11e while North Dakota’s count increased one to 35 rigs. Louisiana added one rig to reach 51.

The Red Top Rig Report in Kansas indicated the state lost two rigs, leaving 39. Colorado was unchanged at 15 and Pennsylvania stayed at 23. Ohio saw no change from its count of 13 rigs while Wyoming continued with 19 and West Virginia stayed at 12 rigs.

Of the oil and gas plays, the Permian Basin count fell by 5 to 337 while the Williston numbers grew by one to 35 rigs. The Eagle Ford count fell one to 59 and the Marcellus was unchanged at 35 rigs.

The Ardmore Woodford continued for another week with no reported rig activity, based on the Baker Hughes Co. report. The Arkoma Woodford was unchanged at one rig while the Cana Woodford count slipped one to 22. The Barnett remained at one rig while the D-J Basin numbers were unchanged at 14 rigs.

The Granite Wash stayed at 3 rigs while the Haynesville numbers fell one to 45 rigs. The Mississippian lost one rig and Baker Hughes indicated no active rigs, oil or gas. The Utica play was unchanged at 13 rigs.