Baker Hughes: US rig count down 9 units to 975

June 7, 2019
The US drilling rig count fell 9 units, reaching 975 rigs working for the week ended June 7, according to Baker Hughes data. The count is down 87 units from the 1,062 rigs working this time a year ago.

The US drilling rig count fell 9 units, reaching 975 rigs working for the week ended June 7, according to Baker Hughes data. The count is down 87 units from the 1,062 rigs working this time a year ago.

The number of rigs drilling on land dropped 9 units week-over-week to a total of 948 units. The number of rigs drilling in inland waters was unchanged at 4 units for the week. The number of rigs drilling offshore also remained unchanged at 23.

US oil-directed rigs decreased by 11 from last week to reach 789 units. This time a year ago, 862 units were drilling for oil. Rigs targeting gas increased by 2 units to reach 186 rigs, which was 12 fewer than were drilling for gas at this time a year ago.

Among the major oil and gas-producing states, Texas dropped the largest number of rigs. At 473 rigs running, the count is 7 fewer than the previous week.

Pennsylvania dropped 2 units to reach 39.

Four states dropped a single rig for the week. These were Oklahoma, 101; North Dakota, 56; West Virginia, 19; and Alaska, 6.

Seven states remained unchanged this week, namely New Mexico, 101; Wyoming, 32; Colorado, 31; California, 18; Ohio, 18; Utah, 6; and Arkansas, 0.

One state—Louisiana—gained rigs week-over-week. With a 4-unit gain, the state currently has 68 rigs running.

Canada’s rig count increased by 18 units for the week. At 103 rigs, the count is 9 fewer than the 112 units drilling this week a year ago. With 59 rigs drilling, Canada’s oil-directed rigs gained 15 units this week. Gas-directed rigs in Canada gained 3 units to reach 44.