From staff reports The United States experienced another decline last week of the number of rigs actively pursuing new oil and gas and the drop included Oklahoma.
Oklahoma’s total fell by one to 41 rigs, still more than last year at this time when the count was 35, according to Baker Hughes’ latest weekly rig report.
In a related development, the U.S. Energy Information Administration reported Oklahoma’s crude oil production grew by 2.5% in the past year.
Nationally, the rig count fell by two to 540 and the decline included a loss of five oil rigs, leaving 410 still in the patch. The number of gas rigs, however, grew by two to 124 while the number of miscellaneous rigs increased by one to six.
The U.S. count is 46 below the 586 recorded a year ago at this time. The decline included 72 oil rigs while there was a growth of 26 gas rigs and the number of miscellaneous rigs was uncharged. The number of offshore rigs in the U.S. remained at 13.
Texas also recorded a drop in its total rig count, declining by four to 247. New Mexico added three to reach 96 and North Dakota was unchanged at 29 rigs. Louisiana’s count slipped one to 34 rigs and Colorado was unchanged at 12.
The Red Top Rig Report, published by the Independent Oil and Gas Service Inc., showed the Kansas rig count increased by one to 19 rigs.
California was unchanged at six and Alaska remained at nine rigs. Ohio’s count stayed at 11 and West Virginia continued with seven rigs. The count inWyoming was 15 rigs, same as a week ago. Pennsylvania saw no change with 18 rigs and Utah’s count of 10 was unchanged.