Rig counts continue their fall across the nation



More oil and gas rigs in the U.S. were put into storage as the nation saw a continued decline in drilling activity.

While the U.S Count dropped 10 to 632, Oklahoma saw a slight gain in its numbers of rigs, reported Baker Hughes. The state’s rig count increased by one to 39, compared to 65 reported one year ago.

Nationally, the drop included a decline of 8 oil rigs, leaving 512 actively drilling for oil. The number of gas rigs fell two to 115. The total U.S. count is 113 fewer than a year ago when there were 765 oil and gas rigs. The decline in the past year included 93 oil rigs and 43 gas rigs.

Texas saw a drop of 5 rigs to 307 while New Mexico’s count also fell by 5, leaving 107. North Dakota was unchanged at 33 rigs while Louisiana dropped by 3 to 42 rigs. Colorado remained at 14 rigs while the Red Top Rig Report indicated the count in Kansas fell by 5 to 38 rigs.

West Virginia added a rig to reach 10 while Wyoming was unchanged at 20 rigs. Pennsylvania stayed at 21 rigs and Ohio saw no change with its count of 10 rigs.

The Permian Basin remains the most active oil and gas play, but its count fell by 7 in the past week to 320. The Eagle Ford count dropped by one to 42 and the Haynesville dropped by two to 41 rigs.

The Ardmore Woodford stayed at one rig and the Arkoma Woodford did the same. The Cana Woodford count slipped by one to 16 rigs and the Barnett stayed at no rig activity, based on the Baker Hughes report.

The D-J Basin was unchanged at 14 rigs while the Granite Wash stayed at two. The Marcellus added a rig to reach 31. The Mississippian had no reported drilling activity. The Utica continued with its count of 10 rigs and the Williston was unchanged at 33 rigs.