US weekly rig count down 5 to 1,966

The US rig count slipped by 5 during the week ending June 22 as a drop in the number of rigs drilling for gas outpaced an increase in those drilling for oil.

Baker Hughes reported the US total at 1,966 rigs for the week, compared with 1,882 during the same week last year. Of the recent week’s total, oil rigs were up 16 from the previous week at 1,421 and gas rigs, down 21 at 541. Four active rotaries were classified “miscellaneous.”

Baker Hughes reported rigs on directional holes at 233, the same as the prior week and 3 fewer than the same week of 2011.

The number of rigs drilling horizontally increased by 3 during the week to 1,165, compared with 1,081 in the comparable week a year ago.

Rigs drilling vertically totaled 568, down 8 from the prior week and up 3 from the same week of 2011.

Major drilling states with increases during the week were Texas, 12 rigs, and California, Oklahoma, and West Virginia, 1 rig each. States with weekly declines were Louisiana (7), New Mexico (5), Pennsylvania (4), Colorado (3), and Arkansas (2). Rig counts were unchanged in Alaska, North Dakota, and Wyoming.

Canada’s rig count was 238, including 195 rigs drilling for oil and 43 for gas. The total was down 10 units from the prior week and down 12 from the same week of 2011.



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