Baker Hughes: US rig count gains 3 units to 943

The overall US rig count has made a slight gain this week, marking the end of four straight weeks of declines. Baker Hughes’ calculation of active US rigs jumped 3 units during the week ended Sept. 1 to 943.

The overall US rig count has made a slight gain this week, marking the end of four straight weeks of declines. Baker Hughes’ calculation of active US rigs jumped 3 units during the week ended Sept. 1 to 943.

Rigs drilling for oil were unchanged at 759 rigs compared with last week, while those rigs targeting natural gas gained 3 units to 183 rigs. Rigs unclassified were unchanged again this week at 1 unit.

The US rig count is up 446 rigs from last year’s count of 497, with oil rigs up 352, gas rigs up 95, and unclassified rigs down 1 to no rigs drilling.

The US offshore rig count decreased 1 rig from last week to 16. This count is up 6 year-over-year. On land, meanwhile, the count jumped up 3 units to 923 units this week.

Among the major oil and gas-producing states, New Mexico gained 3 rigs this week to 65. Alaska gained 2 units to 6 rigs drilling. And Pennsylvania gained 1 rig to reach 32 units.

Nine states were unchanged this week: Oklahoma, 130; Louisiana, 66; North Dakota, 52; Colorado, 37; Ohio, 29; California, 16; West Virginia, 14; Utah, 8; and Arkansas, 1.

Two states—Texas and Wyoming—were down 1 rig each this week to respective counts of 455 and 25.

In Canada, the overall rig count fell 16 units this week to reach 201. Rigs drilling for oil fell 13 units to 102 and those targeting gas fell 3 units to 99. The total count is up 64 units from this time a year ago when 137 rigs were working.

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