Nation’s rig count takes a fall while Oklahoma remains steady

 

More rigs were pulled out of oil and gas drilling across the nation over the past week.

The nation’s oil and rig count dropped by 5 in the past week, falling to 624, according to the weekly rig numbers released on Friday by Baker Hughes Co.

Oklahoma’s count remained at 44. A year ago, the state had 58 oil and gas rigs.

Across the U.S., the latest count showed a decline of one oil rig, leaving 509 active in the oil producing states. The number of gas drilling rigs declined by four to 112, reported Baker Hughes. Compared to a year ago, the U.S. count is 134 down from 758 including a drop of 84 oil rigs and 50 gas rigs.

Texas led the nation with 294 rigs, the same as a week ago. New Mexico’s count slipped by one to 106 and North Dakota continued with 32 rigs.

The Red Top Rig Report in Kansas indicated that state’s numbers remained at 29, no change from the previous week. Colorado was unchanged at 16 and Ohio stayed at 12 rigs. Pennsylvania’s count dropped one to 21 rigs while West Virginia saw no change and remained at 9 rigs. Utah had 12 rigs, same as a week ago and Wyoming remained at 11 rigs.

The Permian Basin count dropped one to 315 while the Eagle Ford continued with 56 rigs. The Williston continued with 34 and the Haynesville numbers fell by four to 36. The Marcellus count declined one to 30.

The Ardmore Woodford remained at one rig as did the Arkoma Woodford. The Cana Woodford continued with 21 rigs while the Barnett play continued another week with no reported rig activity.

The D-J Basin was unchanged with 12 rigs while the Granite Wash stayed at 3 rigs. The Mississippian continued with 2 rigs. The Utica saw no change with a count of 12 rigs.