Baker Hughes: US rig count down 3 units to 803

Nov. 22, 2019
The US drilling rig count dropped 3 units to reach 803 rigs working for the week ended Nov. 22, according to Baker Hughes Co. data. The count is down 276 units from the 1,079 rigs working this time a year ago.

The US drilling rig count dropped 3 units to reach 803 rigs working for the week ended Nov. 22, according to Baker Hughes Co. data. The count is down 276 units from the 1,079 rigs working this time a year ago.

The number of rigs drilling on land fell 3 units week-over-week to a total of 781 rigs running. The number of rigs drilling in inland waters remained unchanged at 0 units. The number of rigs drilling offshore remained unchanged at 22 units.

US oil-directed rigs decreased by 3 from last week to 671 units. A year ago, 885 units were drilling for oil. Gas-directed rigs remained unchanged at 129 rigs, 65 fewer than were drilling for gas a year ago.

Of the major oil and gas-producing states, only Louisiana and Colorado saw in increase in rigs week-over-week. With two additional rigs, Louisiana’s rig count stands at 56 for the week. A single-rig increase brings Colorado’s rig count to 24.

Six states remained unchanged this week, namely Oklahoma, 52; Wyoming, 30; California, 15; Ohio, 13; West Virginia, 13; and Utah, 4.

A 3-unit drop left Alaska with 5 rigs running for the week. Texas dropped 2 units for the week, leaving 406 rigs running.

Three states saw a single unit decrease for the week, namely New Mexico, 104; North Dakota, 49; and Pennsylvania, 23.

Canada’s rig count gained 3 units for the week. At 137 rigs, the count is 67 fewer than the 204 units drilling this week a year ago. A 2-rig loss brought the oil-directed rig count to 86 for the week. Gas-directed rigs in Canada increased by 5 units to reach 51.