Baker Hughes: US rig count gains 7 units to reach 1,055

Sept. 14, 2018
The US drilling rig count is up 7 units to 1,055 units working for the week ended Sept. 14, according to Baker Hughes data. The count is up 119 units from this time a year ago when it stood at 936. Offshore units increased by a single rig with 20 units working. A total of 1,030 rigs were drilling on land, up 4 from a week ago. The number of rigs drilling in inland waters was up 2 to 5 units working.

The US drilling rig count is up 7 units to 1,055 units working for the week ended Sept. 14, according to Baker Hughes data. The count is up 119 units from this time a year ago when it stood at 936.

Offshore units increased by a single rig with 20 units working. A total of 1,030 rigs were drilling on land, up 4 from a week ago. The number of rigs drilling in inland waters was up 2 to 5 units working.

US oil-directed rigs were up 7 from last week at 867 units working, and up from the 749 rigs drilling for oil this week a year ago. Gas-directed rigs remained unchanged at 186. The same number of units were drilling for gas this time a year ago.

Among the major oil and gas-producing states, Louisiana saw the largest gain for the second straight week with another 3-rig gain for a total of 61 rigs working. Pennsylvania’s rig count also increased by 3 to hit 44 rigs working. Two states—Oklahoma, 139, and Colorado, 32—increased by 2 units each, and another two states—North Dakota, 54, and Alaska, 7—saw single-unit gains.

Three states were unchanged this week, namely California, 15; West Virginia, 13; and Utah, 5.

Dropping a single-unit each this week were New Mexico, 99; Wyoming, 30; and Ohio, 20.

Texas saw the largest week-over-week drop with a 3-rig loss to hit 525 rigs running.

Canada reversed 2 weeks of rig declines with a sizeable 22-rig jump. With 226 rigs running, the count remains above the 212 units drilling this week a year ago. Canada added 15 oil-directed rigs to reach 148 units for the week and gained 7 gas-directed rigs to reach 78 units.