BHI: Gains in Utica, Ohio headline latest US rig count

Nov. 14, 2014
The US drilling rig count was up 3 units to reach 1,928 rigs working during the week ended Nov. 14, with notable gains in Ohio and more specifically the Utica basin, Baker Hughes Inc. reported.

The US drilling rig count was up 3 units to reach 1,928 rigs working during the week ended Nov. 14, with notable gains in Ohio and more specifically the Utica basin, Baker Hughes Inc. reported.

A 4-unit rise in land rigs to 1,863 was cut into by a 1-unit decline in offshore rigs to 52. Rigs drilling in inland water were unchanged at 13.

Oil rigs jumped 10 units to 1,578, overshadowing a 6-unit fall in gas rigs to 350.

Horizontal drilling rigs increased 7 units to 1,369. Directional drilling rigs were up 2 units to 205.

Canada lost 8 units to settle at 402 rigs working. The country’s downward movement is attributed to a 9-unit drop in oil rigs to 216, more than offsetting a 1-unit climb in gas rigs to 186. Canada now has only 1 more rig working compared with this week a year ago.

Major states, basins

With a 5-unit jump to 46, Ohio led the major oil- and gas-producing states. Behind it was New Mexico, which added 3 units to reach 99. Edging up a unit each were Louisiana with 110, Wyoming with 62, California with 47, West Virginia with 32, Utah with 23, and Alaska with 8.

Unchanged from a week ago were North Dakota at 181, Colorado at 75, and Arkansas at 12.

Oklahoma and Kansas each edged down a unit to 207 and 27, respectively. Pennsylvania fell 3 units to 53. Texas dropped 4 units to 902, reflecting a 4-unit loss in the Eagle Ford, which has now relinquished 10 units over the past 2 weeks.

The Cana Woodford, however, reported the steepest decline, giving up 5 units to settle at 34. The Utica boasted the largest gain of the major basins, increasing 5 units to 50.