Rig activity remains steady in Oklahoma and the US

 

Oil and gas rig activity remained steady in Oklahoma over the past week while the rig count across the nation gained by one to reach 626, reported Baker Hughes Co. on Friday.

Oklahoma was unchanged with a count of 38 rigs. A year ago, there were 69 oil and gas rigs active in the state.

Nationally, the count of 626 came with a loss of two oil rigs to 504 and a gain of three gas rigs for a total of 119. The U.S. count is still 154 fewer than a year ago when the count was 780, according to Baker Hughes Co. The decline over the past year included a drop of 122 oil rigs and 34 gas rigs.

Oklahoma’s count of 38 compared to Texas where there was a gain of two rigs for a total of 308. New Mexico dropped four to a level of 102 rigs while North Dakota, another major oil producing state, was unchanged with 32 rigs.

Louisiana added three rigs to reach 44 while Colorado remained at 17 rigs. The Red Top Rig Report in Kansas showed the count in the state at 37, a drop of two over the past week.

Ohio stayed at a dozen rigs. Pennsylvania dropped one, leaving 20 active rigs while West Virginia added one to reach 9 rigs. Wyoming was unchanged at 16 rigs.

The biggest gain in the oil plays was in the Haynesville where three rigs were added to reach a total of 42. The Permian Basin, which includes parts of Texas and New Mexico, saw its count slide by one, leaving 313 active rigs. The Eagle Ford added two to reach 52 and the Marcellus was unchanged at 29 rigs.

The Ardmore Woodford recorded a gain of one rig, leaving it the only operational rig in the play. The Arkoma Woodford continued for another week with no reported drilling activity, based on the Baker Hughes report. The Cana Woodford count grew by one to reach 19.

The Barnett remained at one rig. The DJ Basin continued with 14 rigs. The Granite Wash stayed at 6 and the Mississippian again recorded no drilling activity. The Utica was unchanged with a count of a dozen rigs.