Nation’s rig count grew while Oklahoma declined

 

While the nation saw a gain in the number of oil and gas rigs, Oklahoma’s count slipped by one in the past week, according to the latest rig count released by Baker Hughes Co. on Friday.

The national count saw a gain of 4 rigs to reach 623. The number of oil rigs held steady and unchanged at 499 while the total of gas rigs increased by 4 to 121.

Oklahoma fell to 41 rigs with the loss of one in the past week. The 41 compares to the 63 rigs reported a year ago, according to Baker Hughes.

The U.S. count is still 138 fewer than a year ago when it totaled 761. The decline included 110 oil rigs and 29 gas rigs over the past year.

Texas dropped two to 301 rigs while New Mexico saw its count gain 3 to reach 101. North Dakota was unchanged at 32 and Colorado’s count stayed at 16. Unless there was an error, the Red Top Rig Report showed Kansas fell to 16 rigs from 39 last week.

Louisiana gained 3 to reach a total of 45 while Pennsylvania added two to reach 23. West Virginia was unchanged at 8 rigs and Wyoming continued with 11.

The Permian Basin which takes up Texas and parts of New Mexico gained two rigs to reach 313 while the Williston stayed at 34 and the Eagle Ford continued with 52.

The Haynesville added two to reach 42 and the Marcellus grew by two to reah 31.

The Ardmore Woodford continued with two rigs and the Arkoma stayed at one. The count in the Cana Woodford dropped by two to 22. The Barnett is back to no drilling activity after losing its lone rig. The D-J Basin lost a rig and dropped to 12. The Granite Wash total grew by one to reach two and the Mississippian was unchanged with two rigs in drilling activity. The Utica stayed at 13 rigs.