BHI: US drilling rig count falls to 1,922

Oct. 3, 2014
The US drilling rig count lost 9 units to settle at 1,922 rigs working during the week ended Oct. 3, Baker Hughes Inc. reported.

The US drilling rig count lost 9 units to settle at 1,922 rigs working during the week ended Oct. 3, Baker Hughes Inc. reported.

Land rigs represented a majority of the loss, dropping 8 units to 1,850 overall. Offshore rigs edged down 1 unit to 61. Rigs drilling in inland waters were unchanged from a week ago at 11.

Gas rigs also lost 8 units, settling at 330. Oil rigs edged down a unit to 1,591.

Horizontal drilling rigs dropped 6 units to 1,341 while directional drilling rigs dropped 2 units to 209.

Canada’s rig count moved in the opposite direction compared with its southern neighbor, nudging its overall count up 1 unit to 430. A 3-unit gain in oil rigs to 249 was reduced by a 2-unit decline in gas rigs to 181. Canada currently has 69 more rigs working compared with this week a year ago.

Major states, basins

Modest movement for the third consecutive week in the major oil-and has-producing states resulted in gains in just two states. West Virginia was up 3 units to 30, and California edged up 1 unit to 46.

Unchanged from a week ago were North Dakota at 189, Louisiana at 113, Wyoming at 60, Pennsylvania at 57, Utah at 23, and Arkansas at 12.

Oklahoma, Colorado, and Kansas each edged down 1 unit to respective counts of 212, 76, and 24. Texas, New Mexico, Ohio, and Alaska each dropped 2 units to 895, 99, 40, and 9, respectively.

There were, however, some noteworthy gains in the major US basins. The Cana Woodford rose 4 units to 42 while the Eagle Ford rose 3 units to 210.