Baker Hughes: US rig count jumps another 8 units to 915

Nov. 17, 2017
The US rig count climbed again this week with an 8-unit jump to 915 rigs working during the week ended Nov. 17, data from Baker Hughes indicate. Rigs targeting natural gas in the US gained 8 units to reach 177 while those drilling for oil remained unchanged at 738 units.

The US rig count climbed again this week with an 8-unit jump to 915 rigs working during the week ended Nov. 17, data from Baker Hughes indicate.

Rigs targeting natural gas in the US gained 8 units to reach 177 while those drilling for oil remained unchanged at 738 units. Land rigs reached 893, up 5 units from a week ago. Rigs drilling offshore were up 3 units to 21, all of which were in the Gulf of Mexico.

Among the major producing states, Texas gained 7 units to reach 449 rigs. Louisiana was up 4 units to 62. Ohio and Utah, at 30 and 12 units, respectively, were up 1 unit each.

Four states were unchanged this week: Pennsylvania, 31; California, 14; West Virginia, 12; and Arkansas, 0.

Six states were down 1 unit, namely Oklahoma, 122; New Mexico, 68; North Dakota, 46; Colorado, 36; Wyoming, 21; and Alaska, 5.

Canada gained 5 units to 208. Oil-directed rigs climbed 1 unit to 109 and those rigs drilling for gas rose 4 units to 99.