The U.S. experienced another decline in the past week of the number of oil and gas rigs actively pursuing new oil and gas finds and the drop included the state of Oklahoma.
Oklahoma’s total fell one to 41 rigs, still more than last year at this time when the count was 35, according to Baker Hughes in its latest weekly rig report.
Nationally, the count fell by two to 540 and the decline included a loss of 5 oil rigs, leaving 410 still in the patch. The number of gas rigs, however, grew by two to 124 while the number of miscellaneous rigs increased by one to 6. The U.S. count, compared to last year, is 46 below the 586 recorded a year ago at this time. The decline included 72 oil rigs while there was a growth of 26 gas rigs and the number of miscellaneous rigs was uncharged. The number of offshore rigs in the U.S remained at 13.
Texas also recorded a drop in its total rig count, declining by four to 247. New Mexico added 3 to reach 96 and North Dakota was unchanged at 29 rigs. Louisiana’s count slipped one to 34 rigs and Colorado was unchanged at 12 rigs.
The Red Top Rig Report published by the Independent Oil and Gas Service Inc. showed the Kansas rig count increased by one to 19 rgs.
California was unchanged at 6 and Alaska remained at 9 rigs. Ohio’s count stayed at 11 and West Virginia continued with 7 rigs. The count in Wyoming was 15 rigs, same as a week ago. Pennsylvania saw no change with 18 rigs and Utah’s count of 10 was unchanged.