US rig count drops below 1,000

US drilling activity continued to plummet the week ended Apr. 17—down 30 rigs to 975 working, compared with 1,743 drilling during the same period a year ago, said Baker Hughes Inc.

By OGJ editors
HOUSTON, Apr. 17 -- US drilling activity continued to plummet the week ended Apr. 17—down 30 rigs to 975 working, compared with 1,743 drilling during the same period a year ago, said Baker Hughes Inc.

It marks the first time since the end of April 2003 that fewer than 1,000 rotary rigs were working in the US and its waters, and it is the lowest rig count since the week ended Apr. 2, 2003, when 972 rigs were drilling.

Land operations were down by 29 rigs to 922 working this week. Offshore operations declined by 1 rig to 47 drilling in federal leases, including 46 in the Gulf of Mexico. Inland waters activity was unchanged with 6 active rigs.

The number of rigs drilling for natural gas dropped by 30 to 760. Those drilling for oil increased by 1 to 205. There were 10 rigs unclassified. Horizontal drilling activity fell by 11 rigs to 399. Directional drilling was down 5 to 186.

Oklahoma led the latest loss among major producing states, down 11 rigs to 91. Texas lost 10 to 384 rigs drilling. Arkansas and New Mexico declined by 3 rigs each to 45 and 31, respectively. Alaska was down 2 to 7 units. North Dakota dropped 1 rig, with 43 still making hole. Louisiana, Wyoming, and California were unchanged, with respective counts of 136, 37, and 19. Colorado's rig count increased by 2 to 52.

In other states of interest, Pennsylvania increased by 1 to 30 rigs. Utah dropped 1 rig to 17. West Virginia was down 3 with 21 drilling.

Canada's weekly rig count dropped 9 to 74; a year ago in the same period it had 96 rotary rigs working.

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