Baker Hughes: US rig count down 8 units to 934

The US drilling rig count fell 8 units, reaching 934 rigs working for the week ended Aug. 9, according to Baker Hughes data. The count is down 123 units from the 1,057 rigs working this time a year ago.

The US drilling rig count fell 8 units, reaching 934 rigs working for the week ended Aug. 9, according to Baker Hughes data. The count is down 123 units from the 1,057 rigs working this time a year ago.

The number of rigs drilling on land dropped 9 units week-over-week to a total of 909. The number of rigs drilling in inland waters was unchanged at zero units for the week. The number of rigs drilling offshore gained a single unit to 25.

US oil-directed rigs decreased by 6 units from last week to reach 764. This time a year ago, 869 units were drilling for oil. Rigs targeting gas decreased by 2 units to reach 169, which was 17 fewer than were drilling for gas at this time a year ago.

Among the major oil and gas-producing states, Alaska dropped the largest number of rigs. At 8 rigs running, the count is 4 fewer than the previous week.

Oklahoma and Louisiana, at respective counts of 86 and 59, each lost 2 units this week.

Texas and Kansas each dropped a single rig to 454 and 0 rigs working, respectively.

All other states were unchanged for the week.

Canada’s rig count increased by 3 units for the week. At 140 rigs, the count is 69 fewer than the 209 units drilling this week a year ago. Rigs drilling for gas in Canada were unchanged at 46 units for the week. Three additional rigs were drilling for oil this week to reach a total of 94.

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