Nation’s rig count slips again but sees a gain in gas drilling

 

The nation’s rig count took another tumble in the past week with a decline in oil rigs but a gain in gas rigs. All the while, Oklahoma’s count slipped too.

Baker Hughes reported Friday the total in oil and gas rigs fell by 4 to 559 and included a loss of 9 oil rigs, leaving 442 still active. The number of gas rigs grew by 5 to 114 while there was no change in the number of miscellaneous rigs at 3.

The nation’s total is 35 fewer than a year ago when the count stood at 594. The decline included a drop of 50 oil rigs while the number of gas rigs grew by 16. The miscellaneous count fell by one and the number of offshore rigs was unchanged at 13.

Oklahoma’s count dropped by 2 to 50 rigs, still more than the 38 reported a year earlier.

Texas saw a decline of 2 to 264 rigs. A year ago, Texas reported 287 rigs. New Mexico’s count was unchanged at 91, still below th 107 reported last year. North Dakota was unchanged at 30 rigs while Louisiana’s count grew one to 31 rigs.

Colorado remained at 8 and the Red Top Rig Report published by the Independent Oil & Gas Service showed Kansas experienced a loss of 3, leaving 13 rigs still active.

California remained at 6 and Alaska stayed at 10 while Ohio saw no change at 11 active rigs. Pennsylvania continued with 18 active rigs while Utah’s count slipped one to 10 active rigs. West Virginia remained at 7 and Wyoming had no change with its 21 active drilling rigs.