Oklahoma’s rig activity is steady while slight gains are recorded nationwide

 

The number of oil and gas rigs active in Oklahoma remains steady at 37, according to the latest Rig Report from Baker Hughes Co.

No growth was indicated and far from the 65 active rigs reported one year earlier. The state count compared to a slight growth of nationwide totals, which increased by 2 to reach 502 active rigs, reported Baker Hughes Co. on Friday.

The increase included one more oil rig for a total of 502 while the number of gas drilling rigs grew by one to 118. The U.S. count is 147 less than a year ago when the total was 771. The decline in the past year included a loss of 110 oil drilling rigs and 39 gas rigs.

Oklahoma’s count of 37 compared to Texas where there was a gain of 7 rigs for a total of 308. New Mexico’s count fell by 3 to 101 while North Dakota was unchanged at 30 rigs. Louisiana added a rig to reach 43 while Kansas, according to the Red Top Rig Report, lost two to settle at 38 rigs.

Colorado stayed at 16, same as the previous week and Ohio was unchanged with its count of 10 rigs. Pennsylvania continued with a count of 21 rigs and West Virginia saw no change with 8 active rigs.

Wyoming’s count slipped by 2 to 18 rigs.

The Permian Basin, still the most active shale play in the nation, added one rig for a total of 312. The Williston stayed at 33 while the Eagle Ford numbers declined by one to 50 rigs.

The Marcellus was unchanged at 29 rigs and the Haynesville saw growth with a gain of 3 rigs to reach 40.

The Ardmore Woodford remained at two rigs and the Arkoma continued for another week with no reported drilling activity, based on the Baker Hughes report. The Cana Woodford activity fell by one to 15 rigs. The Barnett still has no drilling activity.

The D-J Basin continued with 15 rigs and the Granite Wash added a rig for a total of 16. The Mississippian stayed at only one reported rig. The Utica continued with 10 rigs.