US rig count continues to slip

US drilling continued to slip for the second consecutive week, down by 4 units with 1,760 rotary rigs still working, up from 1,744 during the same period a year ago, Baker Hughes Inc. reported.

By OGJ editors
HOUSTON, Oct. 26 -- US drilling continued to slip for the second consecutive week, down by 4 units with 1,760 rotary rigs still working, up from 1,744 during the same period a year ago, Baker Hughes Inc. reported.

Land operations accounted for all of the loss, down 7 to 1,680 rigs still drilling. Inland water drilling increased by 1 rig to 28 active units. Offshore drilling increased by 2 rigs to 52 on US federal leases, including 51 in the Gulf of Mexico.

Texas had the biggest decline among the major producing states, dropping 22 rigs to 828 working. Oklahoma was down 3 rigs to 188, while Colorado was down 2 to 110 units. California and Alaska were unchanged with respective rig counts of 42 and 8.

Louisiana's weekly rig count climbed by 14 to 158. New Mexico increased by 4 to 74, and Wyoming gained 3 to 72.

Canada's rig count increased by 14 to 345, up from 343 a year ago.

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