Baker Hughes: US drilling rig count rises to 1,754

Jan. 10, 2014
The US drilling rig count added 3 units to reach 1,754 rigs working during the week ended Jan. 10, Baker Hughes Inc. reported.

The US drilling rig count added 3 units to reach 1,754 rigs working during the week ended Jan. 10, Baker Hughes Inc. reported.

Land-based rigs added 7 units to reach 1,677, while rigs drilling offshore lost 4 units to settle at 57. Rigs drilling in inland waters were unchanged at 20.

A 15-unit gain in oil rigs to 1,393 was offset by a 15-unit fall in gas rigs to 357. Rigs considered unclassified emerged with 3 more units to 4 total.

Horizontal drilling rigs spiked 10 units to 1,158 as directional drilling rigs were off 2 units to 224.

Canada’s rig count skyrocketed 195 units to 477, a near 70% increase from a week ago. One hundred forty-eight of those units were targeting oil, bringing that total to 300, and the remaining 47 were targeting gas, stretching that total to 177. Canada still has 54 fewer rigs working from a year ago this week.

Major states, basins

Oklahoma by a large margin saw the largest increase of the major oil- and gas-producing states, tallying 14 units to reach a total of 183. New Mexico, West Virginia, and Utah each gained 2 units to 81, 34, and 25, respectively. Wyoming and Kansas each improved 1 unit to respective totals of 54 and 30. Unchanged from a week ago were Ohio at 35, California at 34, and Arkansas at 11. Pennsylvania and Alaska declined 1 unit each to respective counts of 55 and 10. Louisiana was down 2 units to 110. North Dakota and Colorado each lost 6 units to 168 and 59, respectively. Texas relinquished 7 units, settling at 825.

Among the major US basins, the Permian and Granite Wash each added 3 units to reach respective totals of 471 and 55. The Haynesville claimed 2 more units to 45. The Williston, meanwhile, fell 6 units to 179, representing the largest loss of the basin group.