The US drilling rig count is down 3 units to 621 rigs working for the week ended Mar. 28, according to Baker Hughes data. The count is down 134 units from the 755 rigs working this time a year ago.
At 601 rigs working, the land rig count is unchanged from last week. Offshore units are down by 3 to reach 20 rigs working, while no rigs were drilling in inland waters, unchanged from last week.
US oil-directed rigs are down 3 units from last week to 506 units working, and down 86 from the 592 rigs drilling for oil this week a year ago. Gas-directed rigs are unchanged at 112, and down 48 from the 160 units drilling for gas a year ago.
Among the major oil and gas-producing states, only one saw an increase in rigs week over week. New Mexico gained 5 rigs to reach 111 units working for the week.
The largest decrease comes from Texas where a 4-unit drop brought the total number of rigs running to 290. Louisiana dropped 3 units to reach 41 rigs working this week. Colorado’s rig count declined by a single unit to leave 6 rigs running.
Canada’s rig count is down 18 units for the week. With 151 rigs running, the count is 12 more than the 139 units drilling this week a year ago. Rigs drilling for oil in Canada are down 16 this week to 75. Gas rigs fell by 2 to reach 76 working for the week.