Nation’s oil rig losses slow while Oklahoma holds steady


The decline of the number of oil and gas rigs across the nation and in Oklahoma slowed to a trickle in the past week, according to the latest figures from Baker Hughes Co.

The U.S. count fell by one, leaving 631 active rigs while Oklahoma was unchanged with 39 rigs. A year ago, there were 66 oil and gas rigs in the state.

Nationally, the number of oil rigs remained at 512 while the one loss was a gas rig, leaving 114 across the U.S. In the past year, there has been a drop of 129 rigs compared to the 760 rigs reported a year earlier. The decline over the past 12 months included 84 oil rigs and 48 gas rigs.

Texas saw its count drop by one to 306 while New Mexico was unchanged at 107 and North Dakota stayed at 33 rigs. Louisiana saw no change with its count of 42 rigs. Kansas continued with 38 rigs, according to the Red Top Rig Report,  while Colorado added one to reach 15.

Pennsylvania remained at 21 while West Virginia’s count slipped by one to 19 rigs. Wyoming continued with 20.

The Permian Basin count fell by one to 319 while the Eagle Ford of South Texas saw its count decline by two to 50 rigs. The Haynesville was unchanged at 41 while the Marcellus numbers dropped by one to 30 rigs.

The Ardmore Woodford remained at one rig, based on the Baker Hughes report. The Arkoma Woodford lost its only rig and has no reported drilling activity. The Cana Woodford gained one to reach 17 rigs.

The Barnett in north Texas still has no reported drilling activity. The D-J Niobrara numbers grew by one to 15 rigs while the Mississippi has no drilling activity. The Utica remained at 10 rigs and the Williston was unchanged at 33.