Baker Hughes: US rig count down 12 units to 904

The US drilling rig count fell 12 units, reaching 904 rigs working for the week ended Aug. 30, according to Baker Hughes data. The count is down 144 units from the 1,048 rigs working this time a year ago.

The US drilling rig count fell 12 units, reaching 904 rigs working for the week ended Aug. 30, according to Baker Hughes data. The count is down 144 units from the 1,048 rigs working this time a year ago.

The number of rigs drilling on land dropped 11 units week-over-week to a total of 876 units. With a single-unit drop, there are no rigs drilling in inland waters. The number of rigs drilling offshore remained unchanged at 28.

US oil-directed rigs decreased by 12 from last week to reach 742 units. This time a year ago, 862 units were drilling for oil. Rigs targeting gas remained unchanged at 162 rigs, which was 22 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 441 rigs running, the count is 5 fewer than the previous week.

Oklahoma dropped 2 rigs to reach 80 rigs running.

Seven states dropped a single rig, namely New Mexico, 108; Louisiana, 60; Wyoming, 36; Pennsylvania, 34; Colorado, 27; Utah, 6; and Kansas, 0.

Three states—West Virginia, 19; California, 18; and Ohio, 12—remained unchanged this week.

North Dakota’s rig count increased by 3 units to 51. Alaska gained a single rig to reach 9 rigs running for the week.

Canada’s rig count increased by 11 units for the week. At 150 rigs, the count is 78 fewer than the 228 units drilling this week a year ago. With 105 rigs drilling, Canada’s oil-directed rigs gained 10 units this week. Gas-directed rigs in Canada increased by a single unit to reach 45. 

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