The US drilling rig count dropped 17 units to reach 301 rigs working for the week ended May 29, according to Baker Hughes data. The count is down 683 units from the 984 rigs working this time a year ago.
The number of rigs drilling on land fell 17 units week-over-week to a total of 289 rigs running. The number of rigs drilling in inland waters remained unchanged at 0 units. The number of rigs drilling offshore remained unchanged at 12 units.
US oil-directed rigs decreased by 15 from last week to 222 units. A year ago, 800 units were drilling for oil. Gas-directed rigs fell by 2 to 77 rigs, 107 fewer than were drilling for gas a year ago.
Among the major oil and gas-producing states, Ohio was the only state to see an increase in rigs week-over-week. Nine rigs were running with the addition of a single rig for the week.
Texas saw the largest drop in rigs. 127 rigs running, the count is 11 fewer than last week. New Mexico, Pennsylvania, and North Dakota dropped 2 rigs each for the week to respective counts of 61, 20, and 12. California dropped a single rig and held 4 rigs running for the week.
Seven states remained unchanged this week: Louisiana, 35; Oklahoma, 12; West Virginia, 8; Colorado, 6; Alaska, 3; Wyoming, 2; and Utah, 0.
Canada’s rig count fell by a single unit for the week. At 20 rigs, the count is 65 fewer than the 85 units drilling this week a year ago. A one-rig loss brought the oil-directed rig count to 7 for the week. Gas-directed rigs in Canada remained unchanged at 13 units.
