North American drilling activity falls

March 8, 2024
US drilling activity fell with 622 rotary rigs working this week, officials at Baker Hughes Inc. reported Friday.

US drilling activity fell with 622 rotary rigs working this week, officials at Baker Hughes Inc. reported Friday.

That's 7 fewer than the previous week and down from 746 during the same period last year.

The number of land rigs working this week was down 7 to 601; offshore rigs remained unchanged at 21; and the number of active inland water units remained at 0.

Of the rigs working, 504 were drilling for oil, down 2 from the previous week. Another 115 were drilling for natural gas, down 4, and three were unclassified, down 1 from the previous week.

There were 52 rigs doing directional drilling in the US this week, unchanged from last week. Horizontal drilling rigs were down 4 units this week to 557.

Texas led the decline. The rig count in the state was down 8 to 291 rigs working. There were 43 rigs working in Louisiana, 2 fewer than the previous week.

Those declines were partially offset by the increase of 3 units in the New Mexico rig count to 106.

There were 225 rotary rigs drilling in Canada this week, a decrease of 6 from the previous week but up slightly from 223 last year.