Select Page

US Rig Count Drops by Nine  | Rigzone

US Rig Count Drops by Nine  | Rigzone




US Rig Count Drops by Nine

The U.S. closed out the first week of the new year dropping a total of nine rigs.

The U.S. closed out the first week of the new year dropping a total of nine rigs, according to data from Baker Hughes Company.

The number of oil rigs declined by seven while gas rigs declined by two. Eight were land rigs and one was an offshore rig. This puts the nation’s total number of active rigs at 796, which is 279 fewer rigs than the count of 1,075 one year ago.

Alaska was the only state to add a rig this week, with the addition of one. The following states lost one rig apiece:

  • New Mexico
  • Oklahoma
  • Pennsylvania
  • Texas
  • Wyoming

Among the major basins, the Ardmore Woodford saw its rig count increase by one.

The Permian lost two rigs, while the Arkoma Woodford, Cana Woodford and Marcellus lost one rig each.

At 403 active rigs, the Permian accounts for more than half of the nation’s total number of active rigs.

To contact the author, email Valerie.Jones@Rigzone.com





Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.


MORE FROM THIS AUTHOR



Valerie Jones



Senior Editor | Rigzone





Source link

About The Author

Leave a reply

Your email address will not be published.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