The latest rig report from Baker Hughes showed no change in the nation’s oil and gas rig count but a decline in Oklahoma.
The report released on Friday indicated the nationwide count remained at 600 rigs after a decline of one oil rig leaving 496 in the patch and a gain of one gas rig to 37. The U.S. count is 96 fewer than a year ago when there were 696 oil and gas rigs. In the past year, the decline included 59 oil rigs and 37 gas rigs.
Oklahoma’s current count, according to Baker Hughes, is 42 rigs, one less than a week ago and one below last year’s count of 43 rigs.
Texas was unchanged at 287 rigs while New Mexico’s count fell one to 107 rigs. North Dakota remained at 32 while Louisiana added one rig to reach 42. Colorado stayed at 14 rigs.
The Red Top Rig Report showed Kansas fell two rigs to reach 30. Ohio was unchanged at 10 rigs and Pennsylvania’s count grew by one to 22. Utah saw no change in its count of 12 rigs while West Virginia remained at 6 and Wyoming stayed at 11.
The Permian Basin count slipped two to 310 while the Williston stayed at 34 rigs and the Eagle Ford added one to reach 51. The Haynesville was unchanged at 36.
The Ardmore Woodford added 3 rigs to reach 7 while the Arkoma continued with one rig. The Cana Woodford dropped four, leaving 17 active rigs. The Barnett still has no drilling activity, based on the Baker Hughes report.
The DJ Basin remained at 10 and the Granite Wash continued with 4 rigs. The Marcellus grew one to 27 rigs. The Mississippian had no drilling activity. The Utica remained at 10 rigs.