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U.S Rig Count Down By 2 This Week to 1,053

Rig Lynx
  • By Rig Lynx
  • Sep 21, 2018
  • Category : Weekly Rig Count
  • Views : 458

The US drilling rig count is down 2 units to 1,053 rigs working for the week ended Sept. 21, according to Baker Hughes data. The count is up 118 units from the 935 rigs working this time a year ago.

The 2 rigs dropped were from those drilling on land. A total of 1,028 rigs were drilling on land for the week. Offshore units and those drilling in inland waters remained unchanged with 20 and 5 units working, respectively.

US oil-directed rigs were down a single unit from last week at 866 units working, and up from the 744 rigs drilling for oil this week a year ago. Gas-directed rigs remained unchanged at 186 units, but down from the 190 drilling for gas this time a year ago. One rig is unclassified, down 1 unit from last week.

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Among the major oil and gas-producing states, Texas saw the largest and only increase for the week with a 6-rig gain for a total of 531 rigs working.

Eight states were unchanged this week: New Mexico, 99; Louisiana, 61; Pennsylvania, 44; Colorado, 32; Wyoming, 30; California 15; West Virginia, 13; and Utah, 5.

Oklahoma saw the largest drop, cutting 3 rigs to reach 136 units.

Dropping 2 units each this week were Ohio, 18, and Alaska, 5. North Dakota was down a single unit to 53 rigs running.

Canada reversed last week’s gain with a sizeable 29-rig loss. With 197 rigs running, the count falls below the 220 units drilling this week a year ago. Canada dropped 13 oil-directed rigs to reach 135 units for the week and lost 16 gas-directed rigs to reach 62 units.

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Rig Lynx
Mar 25, 2023

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