No growth reflected in latest U.S. oil and gas rig numbers

US and Oklahoma see more oil and gas rigs pulled out of the patch - Oklahoma Energy Today

 

 

While a recent report showed a gain in oilfield employment in June across the nation, the rig activity in the U.S. isn’t reflecting the same kind of growth.

The latest rig numbers released on Friday by Baker Hughes showed Oklahoma was unchanged from a week ago while the U.S. count declined by one to 584.

Oklahoma remained at 34 rigs, the same as a week earlier and five below its count from a year ago.

The U.S. numbers included a decline of one oil rig, leaving 478 and a drop of one gas rig to 100. The U.S. count is 91 lower than the 675 oil and gas rigs reported a year ago, according to Baker Hughes. The decline over the past year included a drop of 59 oil rigs and 33 gas rigs. The number of offshore rigs remained at 23 from a year earlier.

Texas rig numbers fell by two over the past week to 276 while New Mexico was unchanged at 107. Louisiana added one to reach 44 and North Dakota remained at 34.

Colorado continued with 14 rigs and Kansas added one to reach 30 rigs. Pennsylvania was unchanged at 21. Utah remained at 12 and West Virginia stayed at 5 rigs. Wyoming saw no change at 11 rigs.

The Permian Basin, the nation’s strongest shale play, continued with a count of 305 while the Williston continued with 35 and the count in the Eagle Ford fell one to 48. The Haynesville stayed at 36 rigs and the Marcellus continued with 25.

The Ardmore Woodford count slipped by one to three rigs and the Arkoma Woodford saw no change with one active rig. In the Cana Woodford, the count remained at 17. The Barnett continued for another week with no drilling activity.

The D-J Basin continued with a count of 10 rigs and the Granite Wash grew by two to five rigs. The Mississippian stayed at one rig. The Utica was unchanged with 10 rigs.