The U.S. saw a jump in oil and gas rig activity in the past week and it was attributed to more drilling for natural gas as prices continued to climb. At the same time, Oklahoma’s rig activity remained unchanged.
The nation’s rig count, according to Baker Hughes in its Rig Count released on Friday, grew to 544 rigs, with an additional 9 gas rigs for a total of 117. But the number of oil rigs declined by 2 to 422 while the number of what are classified as miscellaneous rigs was unchanged at 5 rigs.
The U.S. today is 42 down from a year ago when the nation’s total was 586 and the decline included 55 oil rigs while there was a gain of 14 gas rigs and a loss of one miscellaneous rigs.
Oklahoma held steady with a total of 42 rigs compared to 33 a year ago.
Texas saw a loss of two rigs for a total of 253 but New Mexico added four to reach 94. North Dakota was unchanged at 29 and Louisiana added two rigs for a total of 33.
Colorado’s total grew by one to 9 rigs and acccording to the Red Top Rig Report, Kansas jumped by 9 to reach a total of 22 rigs.
Alaska remained at 10 and California stayed at 6 rigs. Utah’s count grew by one for a total of 10. West Virginia was unchanged at 7 and Wyoming’s count of 17 remained the same as a week ago. Ohio continued with 11 rigs and Pennsylvania saw no change with a rig count of 17.
