Just as the nation’s number of active oil and gas rigs has been declining over the past few months, Oklahoma is joining the movement. The nation’s count dropped by 8 to 539 rigs.
The latest Baker Hughes rig count, released on Thursday, showed the number of active rigs pursuing new oil and gas resources in Oklahoma fell three, leaving 43 active rigs throughout the state. A year ago, the state count was 34.
The U.S. rig loss included 7 oil rigs, leaving 425 active ones while the number of gas rigs fell one to 108. The count of miscellaneous rigs was unchanged at 6. The offshore rig count increased one to 13.
The nation’s current count is still 46 fewer than one year ago when the total was 585. The decline included a loss of 54 oil rigs but an increase of 7 gas rigs in the past year while the number of miscellaneous rigs was up by one.
Oklahoma’s current count of 43 compared to Texas where there was a decline of two to 256 rigs. New Mexico’s count fell two to 909 and North Dakota, another of the big oil producing states, remained at 29 with no change. Louisiana continued with 31 rigs.
The Red Top Rig Report in Kansas showed the Sunflower State remained at 12 rigs.
Colorado continued with a count of 8 rigs and Alaska stayed at 10. California remained at 6 and Ohio saw no change with a total of 11 rigs. Pennsylvania’s total fell by one to 17 while Utah stayed at 9 and West Virginia remained at 7 rigs.
The count in Wyoming fell one to 17.
