Baker Hughes: US rig count down 1 unit to 802

Nov. 27, 2019
The US drilling rig count fell 1 unit, reaching 802 rigs working for the week ended Nov. 27, according to Baker Hughes data. The count is down 274 units from the 1,076 rigs working this time a year ago.

The US drilling rig count fell 1 unit, reaching 802 rigs working for the week ended Nov. 27, according to Baker Hughes data. The count is down 274 units from the 1,076 rigs working this time a year ago.

The rig count was released two days early due to the US holiday on Nov. 28.

The number of rigs drilling on land dropped a single unit to a total of 780 units. The number of rigs drilling in inland waters was unchanged at 0 units for the week. The number of rigs drilling offshore was unchanged at 22.

US oil-directed rigs decreased by 3 from last week to reach 668 units. This time a year ago, 887 units were drilling for oil. Rigs targeting gas increased by 2 units to reach 131 rigs, which was 58 fewer than were drilling for gas at this time a year ago.

Among the major oil and gas-producing states, Alaska gained the largest number of rigs. At 7 rigs running, the count is 2 more than the previous week.

Louisiana gained a single rig to end the short week with 57 rigs running.

Six states remained unchanged this week, namely North Dakota, 49; Pennsylvania, 23; California, 15; Ohio, 13; West Virginia, 13; and Utah, 4.

Five states saw a one-unit decrease in rigs for the week, namely Texas, 405; New Mexico, 103; Oklahoma, 51; Wyoming, 29; and Colorado, 23.

Canada’s rig count increased by 11 units for the week. At 126 rigs, the count is 73 fewer than the 199 units drilling this week a year ago. With 77 rigs drilling, Canada’s oil-directed fell 9 units this week. Gas-directed rigs in Canada decreased by 2 units to reach 49.