The US drilling rig count increased by 8 units to reach 448 rigs working for the week ended May 7, according to Baker Hughes data. The count is up 74 units from the 374 rigs working this time a year ago.
The number of rigs drilling on land was up 8 units week-over-week with a total of 434. The number of rigs drilling offshore was unchanged at 13.
US oil-directed rigs were up 2 rigs from last week at 344 units. This time a year ago, 292 units were drilling for oil. Rigs targeting gas increased by 7 units to 103, 80 more than were drilling for gas at this time a year ago.
Of the major oil and gas-producing states, Texas saw the largest increase. A 5-rig increase brought the rig count to 217 for the week.
Louisiana gained 3 rigs to reach 52 rigs running for the week.
Pennsylvania and Utah gained a single rig each to reach 19 and 9 rigs running, respectively.
California dropped a single rig, ending the week with 6 rigs working.
Eight states remained unchanged this week, namely New Mexico, 70; Oklahoma, 21; North Dakota 15; West Virginia, 11; Colorado, 10; Ohio, 10; Wyoming, 4; and Alaska, 3.
Canada’s rig count increased by 4 units to 55 rigs drilling for the week. The count is 29 more than the 26 units drilling this week a year ago. At 22 units, Canada’s oil-directed rig count is up 2 units for the week. The gas-directed rig count in Canada is up 2 units to 33.
