Oil & Gas News:

Articles on oil and gas topics

Drilling rig in the oilfield

Oil Rigs Jump in 20th Consecutive Weekly Count Gain

by Will Brackett

The number of drilling rigs exploring for crude oil jumped, fueling the 20th consecutive weekly gain for the U.S. rig count, oilfield services firm Baker Hughes reported on June 2. Overall, the U.S. rig count rose by 8 rigs to a total of 916, more than double the 408 rigs active a year ago.

The weekly increase was entirely thanks to rigs exploring for oil, which rose by 11, while the number of rigs exploring for natural gas dropped by 3. The breakdown now stands at 733 rig exploring for oil and 182 exploring for gas, compared to 325 and 82 rigs, respectively, a year ago.

Among U.S. states, Texas and Oklahoma led the charge. Texas rose by 5 to 463, while neighboring Oklahoma gained 3 rigs to 126. Pennsylvania, New Mexico, and Louisiana all saw declines during the week.

For basins, the biggest gain was from the collection of areas that Baker Hughes doesn’t specifically identify, with “Other” gaining 6 rigs. Among named basins, the Permian was the only area to gain by more than one, with an increase of 2 rigs. The Marcellus dropped by 2, while the Mississippian declined by 1.




Weekly Summary | Top U.S. Counties – All Rigs

Weekly Summary Top U.S. Counties - All Rigs

 

 

 

 

 

 

Top U.S. Counties – Oil Rigs | Top U.S. Counties – Gas Rigs

Top U.S. Counties - Oil Rigs Top U.S. Counties - Gas Rigs

 

 

 

 

 

 

Top U.S. Counties – Horizontal Well Rigs | Top U.S. Basins – All Rigs

Top U.S. Counties - Horizontal Well Rigs Top U.S. Basins - All Rigs

 

 

 

 

 




 

 

Recommended Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Recommended Articles