Baker Hughes: US, Canada weekly rig counts down

Nov. 30, 2018
The US drilling rig count is down 3 units to 1,076 rigs working for the week ended Nov. 30, according to Baker Hughes data. The count is up 147 units from the 929 rigs working this time a year ago. At 1,051 rigs working, one less unit is drilling on land week-over-week. Offshore units are down by 2 to reach 23 rigs working, while those drilling in inland waters remain unchanged at 2 rigs working for the week.

The US drilling rig count is down 3 units to 1,076 rigs working for the week ended Nov. 30, according to Baker Hughes data. The count is up 147 units from the 929 rigs working this time a year ago.

At 1,051 rigs working, one less unit is drilling on land week-over-week. Offshore units are down by 2 to reach 23 rigs working, while those drilling in inland waters remain unchanged at 2 rigs working for the week.

US oil-directed rigs are up 2 units from last week to 887 units working, and up from the 749 rigs drilling for oil this week a year ago. Gas-directed rigs are down 5 units at 189, and up from the 180 units drilling for gas a year ago.

Among the major oil and gas-producing states, only four saw an increase in rigs week over week. Wyoming saw a 2-rig increase to 30, while Oklahoma, 145; Alaska, 6; and Utah, 5; each added a single unit.

Six states are unchanged this week: New Mexico, 108; North Dakota, 52; Pennsylvania, 46; Ohio, 16; California, 15; and Kansas, 0.

The largest decrease comes from Louisiana where a 4-unit drop brought the total number of rigs running to 65. West Virginia dropped 2 units to reach 11 rigs. With a one-rig decrease, Texas stands at 531 rigs working for the week, while Colorado’s single-rig drop brings the total to 33 rigs running.

Canada’s rig count is down 5 units for the week. With 199 rigs running, the count is less than the 222 units drilling this week a year ago. The 5 units are oil-directed, bringing the oil-directed rig count to 119 for the week. Gas-directed rigs in Canada remains unchanged at 80 units.