Oil and gas rig count holds steady in Oklahoma

(REUTERS/Nick Oxford)


Oklahoma’s oil and gas rig count held steady over the past week while the nationwide numbers declined by one, leaving 620 active drilling rigs across the U.S. reported Baker Hughes Co. on Friday.

Oklahoma’s count totaled 44 rigs, same as a week ago but 14 lower than one year ago.

Nationally, the count included a gain of two oil rigs to reach 508 while the number of gas drilling rigs declined two to 110. The U.S. count is 131 down from last year at this time when the national numbers totaled 751. The drop included 82 oil rigs and 48 gas rigs.

Oklahoma’s count of 44 compares to Texas where there was gain of 7 rigs to a total of 297. New Mexico dropped by three to 108 while North Dakota remained at 32 rigs. Louisiana’s count slipped by two to 39 rigs.

The Red Top Rig Report published by the Independent Oil and Gas Association in Kansas indicated the count in the state fell by one to 31 rigs. Colorado remained at 15 and Wyoming stayed at eleven rigs.

Pennsylvania added a rig to reach 22 while Utah was unchanged at 12 and West Virginia’s count dropped one to 8 rigs. Ohio continued with a count of 12 rigs.

The Permian Basin remained the most active oil and gas region with a growth one rig to a total of 317.  The Eagle Ford added a rig to hit 56 while the Williston remained at 34 rigs and the Haynesville count declined by two to 34 rigs. The Marcellus was unchanged at 30 rigs.

The Ardmore Woodford, as of this most recent Baker Hughes release, has no reported drilling activity after losing its only rig in the pas week. The Arkoma Woodford remained at one rig while the Cana Woodford count grew by one to 22 rigs. The Barnett play still has no drilling activity while the D-J Basin was unchanged at 11 rigs.

The Granite Wash stayed at 3 and the Mississippian saw no change with two active drilling rigs. The Utica play stayed at 12 rigs.