Rig count grew in Oklahoma in past week while it dropped across the U.S.

 

 

As Oklahoma’s oil and gas rig activity increased by one in the past week, the national numbers declined, according to the Baker Hughes Co. rig count released on Friday.

Baker Hughes showed a one-rig increase as Oklahoma recorded 42 active rigs. A year ago, the state had 64 operating rigs at this time.

Nationally, the count fell by two to 621. The decline included a loss of two oil rigs, leaving 497 in the oil patch while the number of gas-drilling rigs remained at 121. In the past year, the U.S. count fell 139 from the 760 rigs reported a year ago. The losses included 110 oil rigs and 30 gas rigs.

Oklahoma’s count of 42 rigs compared to Texas where numbers fell by two to 299 and New Mexico which was unchanged at 101 rigs. North Dakota saw no change with a count of 32 rigs.

The Red Top Rig Report showed Kansas increased from 16 rigs last week to 21. Colorado remained at 16 and Louisiana was unchanged at 45. Pennsylvania saw no change with its count of 23 while Ohio was steady at 13 rigs. West Virginia continued with 8 rigs and Wyoming was unchanged at 11 rigs.

The Permian Basin count dropped one to 312 rigs. The Eagle Ford stayed at 52 and the count in the Haynesville increased by one to 43 rigs. The Marcellus continued with 31 rigs and the Williston stayed at 34 rigs.

The Ardmore Woodford count fell by one, leaving only rig active rig while the Arkoma continued with one rig. The Cana Woodford count dropped one to 21 rigs and the Barnett continued another week with no reported rig activity.

The DJ Basin stayed at 12 rigs. The Granite Wash in Oklahoma and the Texas Panhandle added two rigs for a total of four. The Mississippian remained at two rigs and the Utica continued with a count of 13.