Baker Hughes: US rig down 2 units to 310

Nov. 20, 2020
The US drilling rig count decreased 2 units to reach 310 rigs working for the week ended Nov. 20, according to Baker Hughes data. The count is down 493 units from the 803 rigs working this time a year ago.

The US drilling rig count decreased 2 units to reach 310 rigs working for the week ended Nov. 20, according to Baker Hughes data. The count is down 493 units from the 803 rigs working this time a year ago.

The number of rigs drilling on land was down a single unit week-over-week with a total of 296 units. The number of rigs drilling in inland waters remained unchanged at 2. The number of rigs drilling offshore decreased by a single unit to 12.

US oil-directed rigs decreased by 5 from last week to reach 231 units. This time a year ago, 671 units were drilling for oil. Rigs targeting gas decreased by 3 units to reach 76 rigs, 53 fewer than were drilling for gas at this time a year ago.

Of the major oil and gas-producing states, New Mexico saw the only increase. A 2-rig increase put the state’s total number of rigs working at 55 for the week.

Nine states remained unchanged this week, Louisiana, 38; Pennsylvania, 20; North Dakota, 11; West Virginia, 7; California, 4; Colorado, 4; Ohio, 4; Alaska, 3; and Utah.

Two states, Oklahoma and Wyoming, dropped one rig to end the week with 13 and 2 units, respectively.

Canada’s rig count increased by 12 units for the week. At 101 rigs, the count is 36 fewer than the 137 units drilling this week a year ago. At 42 units, Canada’s oil-directed rig count is up 3 for the week. The gas-directed rig count in Canada is up 9 units to 59.