Baker Hughes: US rig count down 17 units to 284

The US drilling rig count fell 17 units, reaching 284 rigs working for the week ended June 5, according to Baker Hughes data. The count is down 677 units from the 948 rigs working this time a year ago.

The US drilling rig count fell 17 units, reaching 284 rigs working for the week ended June 5, according to Baker Hughes data. The count is down 677 units from the 948 rigs working this time a year ago.

The number of rigs drilling on land dropped 18 units week-over-week to a total of 271 units. The number of rigs drilling in inland waters was unchanged at 0 units for the week. The number of rigs drilling offshore increased by one to 13.

US oil-directed rigs decreased by 16 from last week to reach 206 units. This time a year ago, 789 units were drilling for oil. Rigs targeting gas decreased by one unit to reach 76 rigs, 110 fewer than were drilling for gas at this time a year ago.

Among the major oil and gas-producing states, Texas dropped the largest number of rigs. At 115 rigs running, the count is 12 fewer than the previous week. New Mexico’s rig count fell by 3 to reach 58 rigs running. Louisiana, 34; Oklahoma, 11; and Wyoming, 1; each dropped a single rig.

Eight states remained unchanged this week, namely Pennsylvania, 20; North Dakota, 12; Ohio, 9; West Virginia, 8; Colorado, 6; California, 4; Alaska, 3; and Utah, 0.

Canada’s rig count increased by a single unit for the week. At 21 rigs, the count is 82 fewer than the 103 units drilling this week a year ago. With 7 rigs drilling, Canada’s oil-directed rigs remained unchanged for the week. Gas-directed rigs in Canada increased by one unit to reach 14.

SOURCE: oilandgasjournal