US Adds 19 Oil, Gas Rigs
After six consecutive weeks of declines, the U.S. finally saw a reprieve this week in its rig count.
The U.S. added a total of 19 oil and gas rigs, according to weekly data from Baker Hughes, a GE Company.
The nation added 15 oil rigs and four gas rigs. This brings the week’s total rig count to 1,025 – up 22 rigs from one year ago.
Oklahoma and Pennsylvania were the only states to see a decline, losing one rig apiece.
The following states added rigs:
- Texas (8)
- West Virginia (4)
- New Mexico (3)
- Alaska (2)
- Colorado (2)
- North Dakota (1)
Among the major basins, the Permian saw the most gains as it added eight rigs.
The Marcellus added another three rigs, while the following basins added one rig apiece:
- Cana Woodford
The Permian – which lost a total of 10 rigs during the past two weeks – currently has 462 active rigs. This accounts for almost half of the nation’s total rig count and more than half of its oil rigs.
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Senior Editor | Rigzone