Oil and gas rig growth reported in Oklahoma and the US

 

 

The latest Baker Hughes rig report released on Friday showed Oklahoma’s number of active oil and gas rigs increased by one. The state’s total is 44 rigs,  compared to 51 rigs reported one year earlier.

Nationally, the count gained one to 604. The growth included one more oil rig for a total of 497 while the number of gas-drilling rigs was unchanged at 103. Over the past year, the rig count fell 116 from a total of 720 rigs. The decline included a loss of 78 oil rigs and 38 gas rigs.

Oklahoma’s count of 44 compared to 290 in Texas where there was a gain of one rig. A year ago, Texas recorded 357 rigs. New Mexico’s count in the past week dropped two to 107 rigs and North Dakota remained at 32.

Louisiana saw a gain of one rig to reach 40. The Red Top Rig Report in Kansas showed the state count fell one to 31 rigs. Colorado was unchanged at 14 rigs. Baker Hughes listed other states with no changes in their counts—Ohio at 11, Pennsyvania 21, Utah 12, West Vieginia 8 and Wyoming 11 rigs.

The Permian Basin activity, according to Baker Hughes, declined two rigs, leaving 312. The Eagle Ford count fell one to 51 while the Haynesville added a rig to reach 35. The Marcellus was unchanged at 29 rigs. The Williston stayed at 34.

The Ardmore Woodford added 2 rigs to reach a total of 4 while the Arkoma Woodford was unchanged at one rig. The Cana Woodford remained at 22. The Barnett play still recorded no drilling activity, based on the Baker Hughes report.

The D-J Niobrara remained at 10 rigs and the Granite Wash count fell by two to 4 rigs. The Mississippian’s last active rig shut down operations so it is without any Baker Hughes reported activity. the Utica was unchanged at 11 rigs.