Baker Hughes: US rig count gains 2 units to 1,051

Feb. 15, 2019
The US drilling rig count is up 2 units to 1,051 rigs working for the week ended Feb. 15, according to Baker Hughes data. The count is also up 76 units from the 975 rigs working this time a year ago. With a 1-unit loss week-over-week, 1,028 rigs are drilling on land. The number of rigs drilling offshore gained 2 units to reach 21 rigs. Those units drilling in inland waters gained a single rig to reach 2 units for the week.

The US drilling rig count is up 2 units to 1,051 rigs working for the week ended Feb. 15, according to Baker Hughes data. The count is also up 76 units from the 975 rigs working this time a year ago.

With a 1-unit loss week-over-week, 1,028 rigs are drilling on land. The number of rigs drilling offshore gained 2 units to reach 21 rigs. Those units drilling in inland waters gained a single rig to reach 2 units for the week.

US oil-directed rigs are up 3 from last week to 857 units working, and up 59 units from the 798 rigs drilling for oil this week a year ago. Gas-directed rigs are down 1 unit at 194 yet up 17 from the 177 units drilling for gas a year ago.

Among the major oil and gas-producing states, only five saw a week-over-week increase. Louisiana, at 66 units working, was up 4 rigs for the week. Wyoming gained 3 rigs to reach 37. West Virginia, Alaska, and California with respective counts of 18, 12, and 11 were each up 1 unit this week.

Colorado and three other states remained unchanged this week. These were Colorado, 35; Ohio, 18; Utah, 8; and Kansas, 0.

Oklahoma, at 119, and North Dakota, at 57, were down 1 unit each this week. Texas and New Mexico, at respective counts of 509 and 109, were both down 2 units. Pennsylvania, down 3 units this week, reached 44 rigs working.

Canada’s rig count is down 16 units for the week. At 224 rigs, the count is 94 fewer than the 318 units drilling this week a year ago. Ten of the dropped rigs are gas-directed, bringing the count to 72 for the week. Oil-directed rigs in Canada are down 6 rigs to 152.