Nation’s rig activity remained steady and Oklahoma’s count slipped

 

The nation’s rig count held steady in the past week with Baker Hughes reporting on Friday a growth of one rig to reach a total of 620. Oklahoma’s count slipped by one rig.

The U.S. total included a loss of two oil drillling rigs to 497 while the number of gas rigs increased by 3 to 120. The U.S. Count is still 151 less than a year ago when the total of oil and gas rigs was 771. In the past year, the decline included 116 oil rigs and 36 gas rigs.

Oklahoma’s slipped by one to 42 rigs, still far below the 64 rigs reported a year ago.

Baker Hughes reported Texas saw its count fall by three to 305 while New Mexico added one rig to reach 98. North Dakota was unchanged with 33 and Louisiana’s count increased by one to 43. Colorado remained at 16. The Red Top Rig Report showed Kansas fell three to 35 rigs. Ohio remained at 13.

Pennsylvania’s count grew by two to 21 and West Virginia was unchanged at 8 rigs. Wyoming remained at 10 rigs.

Of the oil and gas plays, the Permian Basin count declined by two to 307 while the Eagle Ford was unchanged at 55. The Haynesville count declined by one to 42 while the Marcellus gained two to reach 29 rigs. The Williston was unchanged at 34 rigs.

The Ardmore Woodford remained at two rigs and the Arkoma Woodford was unchanged with only one rig. The Cana Woodford gained one to reach 22 and the Barnett remained at one rig.

The D-J Basin stayed at 12 rigs while the Granite Wash continued with two rigs. The Mississippian added a rig to reach two and the Utica was unchanged at 13 rigs.