The US drilling rig count lost 1 unit to 946 rigs working during the week ended Feb. 2, reversing 2 weeks of gains, data from Baker Hughes indicate. This total is up 217 units from a year ago.
Offshore units were down 1, with 16 working in the Gulf of Mexico. A total 929 rigs were drilling on land, unchanged from last week. The number of rigs drilling in inland waters also remained unchanged at 1 unit.
Rigs targeting oil were up 6 units to 765 and were also up from the 583 rigs drilling for oil this week a year ago. Gas-targeted rigs were down 7 units to reach 181 units. This time a year ago, 145 were drilling for gas.
Among the major oil and gas-producing states, Colorado saw the largest increase in rigs week over week with a 2-unit gain to reach 34 rigs working. North Dakota and Ohio each gained 1 unit to reach 45 and 23, respectively.
Wyoming lost the most rigs week-over-week, dropping 3 units to 26. Texas and Louisiana both dropped 1 unit to 465 and 58, respectively.
Eight states remained unchanged, namely Oklahoma, 117; New Mexico, 85; Pennsylvania, 37; West Virginia, 19; California, 14; Utah, 10; Alaska, 5; and Arkansas, 0.
Canada gained 4 units to 342 rigs from a week ago. There is 1 less rigs working than this week a year ago. Oil-directed rigs rose 14 units this week to 234, while those targeting gas fell 10 units to 108.