More oil and gas rigs sit idle as US and Oklahoma numbers decline for another week


The rig count across the U.S. fell for a 6th consecutive week, according to the Baker Hughes Co. which showed a decline of 12 rigs to 642.

Oklahoma’s count fell by 2 rigs to 38 while nationally, the drop included 5 oil rigs, leaving 520 while the number of gas drilling rigs declined six, resulting in 117.

Over the past year, the nation’s oil and gas rig count fell 120 rigs from the 762 reported a year ago. The drop included 81 oil drilling rigs and 42 gas rigs.

Oklahoma’s new count of 38 compares to 312 in Texas which was the same as a week ago. New Mexico’s count fell one to 112 while North Dakota dropped by two to 33 rigs. Kansas added one to reach 43

The number of active rigs in Louisiana is 45, three fewer than a week ago while Colorado is unchanged at 14. Pennsylvania’s count grew by two to reach 21 while West Virginia’s count fell by 3 to 9 rigs. The count in Wyoming fell one to 20.

The Permian Basin count was unchanged at 327 rigs while the Eagle Ford stayed at 53 and the Haynesville slipped one to 43. The Ardmore Woodford was unchanged with one rig while the Arkoma stayed at one as well. The Cana Woodford count declined by 3 to 17 while the Barnett play reported no drilling activity for a seond straight week.

The Granite Wash count grew by one to reach 2 and the Mississippian showed no rig activity, at least based on the Baker Hughes report.

Numbers in the Marcellus dropped by one to 30 rigs and the Utica play showed a decline of two rigs to 10. The Williston numbers fell by two to 33.