Baker Hughes: US drilling rig count declines to 1,764

The US drilling rig count dropped 7 units to 1,764 rigs working during the week ended Feb. 14, Baker Hughes Inc. reported.

Four of those units were land-based, bringing that total to 1,692. Rigs drilling in inland waters lost 3 units to 18. Rigs drilling offshore were unchanged from last week at 54.

A 7-unit gain in oil rigs to 1,423 was trumped by a 14-unit loss in gas rigs to 337. Rigs considered unclassified were unchanged at 4.

Horizontal drilling rigs were up 7 units to 1,183 while directional drilling rigs declined 5 units to 201.

Canada’s rig count edged up 3 units to 624, 27 fewer than last year’s total for this week. A 6-unit gain in oil rigs to 415 was cut in half by a 3-unit loss in gas rigs to 209.

Major states, basins

California boasted the largest increase of the major oil- and gas-producing states, claiming 5 more units to reach a total of 36. New Mexico gained 3 units to 83. Ohio, Kansas, and West Virginia were each up 1 unit to respective totals of 40, 33, and 30.

Unchanged from a week ago were North Dakota at 168, Utah at 26, Arkansas at 12, and Alaska at 11.

Pennsylvania and Wyoming were each down 1 unit to respective counts of 53 and 51. Colorado fell 2 units to 60. Oklahoma relinquished 3 units to 182. Louisiana gave up 4 units to 107. Texas reported the largest loss, dropping 5 units to 840.

Movement in the major US basins included a 3-unit gain in the Permian to 486 and a 3-unit loss in the Cana Woodford to 34.

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