Baker Hughes: US rig count drops 3 units to 1,059

June 15, 2018
The US drilling rig count reached 1,059 units working for the week ended June 15, down 3 rigs from a week ago, according to Baker Hughes data. The count is up 126 units from this time a year ago when the count stood at 933.

The US drilling rig count reached 1,059 units working for the week ended June 15, down 3 rigs from a week ago, according to Baker Hughes data. The count is up 126 units from this time a year ago when the count stood at 933.

Offshore units remained unchanged from last week with 20 rigs working. A total of 1,035 rigs were drilling on land, down 4 units from last week. The number of rigs drilling in inland waters was up 1 unit to 4 working.

US oil-directed rigs were up 1 unit this week to 863 and up from the 747 rigs drilling for oil this week a year ago. Gas-directed rigs lost 4 units and now total 194. This time a year ago, 186 units were drilling for gas.

Among the major oil and gas-producing states, New Mexico and North Dakota gained 2 units each to reach 93 and 57, respectively. Louisiana was up 1 rig to 60.

Five states were unchanged this week, namely Oklahoma, 140; Wyoming, 25; California, 15; Utah, 8; and Arkansas, 1.

Texas saw the largest drop in rigs, down 4 units to 534. Alaska’s rig count fell by 2 units to 7. Four states dropped 1 unit each, namely Pennsylvania, 38; Colorado, 33; Ohio, 22; and West Virginia, 17.

Canada gained 27 rigs to 139 working from a week ago. This week a year ago, 159 rigs were drilling. Oil-directed rigs increased 18 units this week to 87, while those targeting gas gained 9 units to 52.