Gains reported in Oklahoma and US rig numbers

 

The latest rig report from Baker Hughes Co.,  prior to Thanksgiving, showed another gain for the U.S. and for Oklahoma.

The state’s rig count saw a gain of one to 38 active oil and gas rigs, still well below the 70 rigs reported one year earlier. The Baker Hughes report indicated Oklahoma started the month of November with 38 rigs but the number declined for two reporting periods before increasing in the past week.

Nationally, the count grew by four to reach 622. The number of oil rigs was unchanged at 500 while there was gain of 3 gas rigs for a total of 117. The U.S. rig count, according to Baker Hughes, is 162 fewer than a year ago when the total was 784 rigs. In the past year,there has been a decline of 127 oil rigs and 38 gas rigs.

Texas added one rig to reach 303 while New Mexico saw a loss of one rig to 106. North Dakota remained at 31 rigs while Louisiana added two for a total of 41. Colorado’s count fell one to 17 and the Red Top Rig Report showed Kansas added four rigs to reach 43. Ohio was unchanged at 12 while Pennsylvania added a rig for a total of 20.

West Virginia stayed at 8 rigs and Wyoming saw no change with its count of 16.

The total number of rigs in the Permian Basin was unchanged at 311 while the Eagle Ford stayed at 50 and the Haynesville count grew by one to 39. The Marcellus added a rig for a total of 28. The Williston stayed at 33.

The Ardmore Woodford continued for another week with no reported rig activity, according to Baker Hughes, and the Arkoma Woodford continued another week of no rig activity. The Cana Woodford count grew by one to 15.

The Barnett recorded one rig, its first drilling activity in months.

The Granite Wash was unchanged at 6 rigs while the D-J Basin saw a drop of one to 14 rigs. The Mississippi continued another week with no reported drilling activity. The Utica stayed at 12 rigs.