More oil and gas rigs are going into storage across the country.
Baker Hughes Co. reported Oklahoma’s count dropped to 48 compared to the 115 active rigs a year ago.
Nationally, the count dropped by one to 790 oil and gas rigs including a decline of one oil rig to 678 while the number of gas drilling rigs remained at 110.
In the past year, the rig count fell 248 from a total of 1,038 including a decrease of 165 oil rigs and 85 gas rigs.
The rig count in the Granite Wash of western Oklahoma and the Texas Panhandle dropped by one to leave only one active drilling rig. The Mississippian in northern Oklahoma and southern Kansas was unchanged at two rigs.
Oklahoma’s Ardmore Woodford dropped one to leave only four active rigs. The state’s Arkoma Woodford stayed at only one rig.