More oil and gas drilling rigs are being taken down and hauled to storage across the country.
For another week, the U.S. saw a decline in the number of oil and gas rigs, based on numbers provided this week by the Baker Hughes Co. Oklahoma recorded an increase of one rig.
The company reported a decline of 5 more rigs, leaving 654 active. The drop in the past week was made up entirely of gas rigs, a drop of 5 down to 123. The number of oil rigs was unchanged at 525.
Still, the numbers of dwindled over the past several months, falling by 109 compared to the 763 rigs reported by Baker Hughes Co. at this time in 2022. The decline included 76 oil rigs and 37 gas rigs.
Oklahoma’s count rose to 40 rigs, up one from a week ago but still 25 fewer than a year ago. Texas saw its numbers fall by 2 to 312 while New Mexico was unchanged at 113 and North Dakota continued with 35.
The count in Louisiana slipped by two to 48 while the Red Top Rig Report showed Kansas adding 3 rigs to reach 42. Colorado was unchanged at 14. Utah and West Virginia saw no changes with 15 and 12 rigs respectively.
Wyoming stayed at 21 rigs while Pennsvlvania’s count dropped by two to 19.
The most drilling activity remained in the Permian Basin where the count fell by two to 327. The Eagle Ford count dropped by one to 53 while the Haynesville was unchanged at 44.
Drilling returned to the Ardmore Woodford with the addition of one rig while the Arkoma Woodford continued with one rig. The Cana Woodford saw no change with its 20 rigs. The Barnett has no drilling activity reported by Baker Hughes Co.
The D-J Basin stayed at 14 rigs while the Granite Wash continued with its one rig. The Marcellus count slipped by two to 31 while the Mississippian has no reported drilling activity, based on the Baker Hughes Co. report.
The Utica was unchanged with 12 rigs and drilling in the Williston continued with a count of 35 rigs.