Baker Hughes: US rig count falls 14 units to 1,045

Feb. 1, 2019
The US drilling rig count is down 14 units to 1,045 rigs working for the week ended Feb. 1, according to Baker Hughes data. The count is up 99 units from the 946 rigs working this time a year ago. A total of 1,025 units were drilling on land, 13 fewer than last week. With one fewer unit drilling, offshore rigs stood at 19 for the week. Unchanged week over week, a single unit remained drilling in inland waters.

The US drilling rig count is down 14 units to 1,045 rigs working for the week ended Feb. 1, according to Baker Hughes data. The count is up 99 units from the 946 rigs working this time a year ago.

A total of 1,025 units were drilling on land, 13 fewer than last week. With one fewer unit drilling, offshore rigs stood at 19 for the week. Unchanged week over week, a single unit remained drilling in inland waters.

US oil-directed rigs dropped 15 units unit from last week to 847 units working, but still up from the 765 rigs drilling for oil this week a year ago. With 198 units, one additional unit was drilling for gas for the week. The count is up from the 181 units drilling for gas this time a year ago.

Among the major oil and gas-producing states, North Dakota—with a single-unit gain to 58 rigs running—was the only state to see an increase.

Eight states were unchanged this week: New Mexico, 112; Pennsylvania, 47; Colorado, 35; Wyoming, 33; Ohio, 18; West Virginia, 17; Utah, 8; and California, 6.

Oklahoma, 122, and Alaska, 7, each dropped 4 rigs for the week. Texas dropped 3 rigs to reach 514.

Louisiana and Kansas both saw a single-unit decrease, reaching 62 and 0 rigs running, respectively.

Canada continued to increase its rig count with an 11-unit gain over last week. With 243 rigs running, the count is still short of the 342 units drilling this week a year ago. Canada increased its oil-directed rigs by 13 to reach 159 units for the week but dropped 2 gas-directed rigs to reach 84.