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Baker Hughes: US rig count up 2 units to 1,048

Pearl Energy Group > Uncategorized  > Baker Hughes: US rig count up 2 units to 1,048

Baker Hughes: US rig count up 2 units to 1,048

The US drilling rig count reached 1,048 units working for the week ended July 27, up 2 rigs from a week ago, according to Baker Hughes data. The count is up 90 units from this time a year ago when the count stood at 958.

Offshore units were down 1 from last week with 16 rigs working. A total of 1,030 rigs were drilling on land, up 6 units from last week. The number of rigs drilling in inland waters dropped 3 units to 2 units working.

US oil-directed rigs were up 3 units to 861 and up from the 766 rigs drilling for oil this week a year ago. Gas-directed rigs were down 1 unit to 186. This time a year ago, 192 units were drilling for gas.

Among the major oil and gas-producing states, Pennsylvania saw the largest gain with an increase of 2 units to a total of 39 rigs working.

Six states gained 1 rig each, namely Texas, 524; New Mexico, 104; North Dakota, 57; West Virginia, 17; Alaska, 6; and Kansas, 1.

Five states were unchanged this week, namely Colorado, 32; Wyoming, 28; California, 15; Utah, 6; and Arkansas, 1.

The rig count in Louisiana fell 4 units to 52. Oklahoma and Ohio both dropped a rig to reach 137 and 22, respectively.

Canada’s rig count continues its rise with a 12-unit gain to 223, surpassing its year-ago count of 220 rigs drilling. All 12 additional units were oil-directed, bringing the count to 154. Gas-directed rigs remain unchanged at 69.




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