Baker Hughes: US rig count up 3 to 269

Oct. 9, 2020
The US drilling rig count gained 3 units to reach 269 rigs working for the week ended Oct. 9, according to Baker Hughes data. The count is down 587 units from the 856 rigs working this time a year ago.

The US drilling rig count gained 3 units to reach 269 rigs working for the week ended Oct. 9, according to Baker Hughes data. The count is down 587 units from the 856 rigs working this time a year ago.

The number of rigs drilling on land was up 3 week-over-week with a total of 254 units. The number of rigs drilling in inland waters was unchanged at 1 unit for the week. The number of rigs drilling offshore was unchanged at 14.

US oil-directed rigs increased by 4 from last week to reach 193 units. This time a year ago, 712 units were drilling for oil. Rigs targeting gas decreased by one unit to reach 73 rigs, 70 fewer than were drilling for gas at this time a year ago.

One of the major oil and gas-producing, Pennsylvania, saw a decrease in rigs this week. With 18 rigs running, the count is one fewer than was drilling a week ago.

Texas and New Mexico each saw an increase in rigs week-over-week. With 116 rigs running, Texas saw a 3-unit increase in rigs. One additional rig brought the count in New Mexico to 45 for the week.

Ten states remained unchanged this week, Louisiana, 40; Oklahoma, 12; North Dakota, 10; West Virginia, 7; Ohio, 6; Colorado, 5; California, 4; Alaska, 2; Wyoming, 1; and Utah, 0.

Canada’s rig count increased by 5 units for the week. At 80 rigs, the count is 66 fewer than the 146 units drilling this week a year ago. At 39 units, Canada’s oil-directed rig count is up 2 units for the week. The gas-directed rig count in Canada is up 3 to 41.