Oil and gas rig activity took another drop in the past week, including in Oklahoma, according to the latest Baker Hughes Co. report released on Friday.
While more rigs are in storage, sitting upright in some company yards, Baker Hughes reported that Oklahoma’s count fell, slipping by two to only 35 rigs, far from the 64 rigs reported one year ago.
Nationally, the count fell by 7 to 623 and included a decline of 5 oil rigs to 502 and two gas rigs to 116. The U.S. total number of rigs is 142 fewer than the 765 reported a year ago. The decline in the past year included 102 oil rigs and 43 gas rigs.
Oklahoma wasn’t alone in a decline in rig activity as Texas fell by 8 to 304 rigs. New Mexico added two to 102 and North Dakota’s count increased by one to 31. Louisiana also saw a gain of one rig to 43.
The rig count in Kansas grew by one to reach a total of 37, more than Oklahoma, according to the Red Top Rig Report published in Wichita.
Colorado was unchanged at 16 and Ohio stayed at 10 rigs. The count in Pennsylvania fell one to 20 rigs and West Virginia was unchanged at 8 while Wyoming continued with 20 rigs.
The Permian Basin count declined by 5 to 312 while the Eagle Ford of South Texas was unchanged at 49. The Haynesville saw no change with its count of 39 rigs while the Williston added a rig to reach 33 and the Marcellus count fell one to 28 rigs.
The Ardmore Woodford was unchanged with 2 rigs while the Arkoma Woodford still had no drilling activity, according to the Baker Hughes report. The Cana Woodford continued with 16 rigs while the Barnett had no drilling activity.
The D-J Basin stayed at 14 and the count in the Granite Wash fell one to 4 rigs. The Mississippian recorded a new rig to reach one in the latest report. The Utica stayed at 10 rigs.
