Baker Hughes: US rig count down 10 units to 1,012

The US drilling rig count dropped 10 units to reach 1,012 rigs working for the week ended Apr. 18, according to Baker Hughes data. The count is down 1 unit from the 1,013 rigs working this time a year ago.

Apr 18th, 2019

The US drilling rig count dropped 10 units to reach 1,012 rigs working for the week ended Apr. 18, according to Baker Hughes data. The count is down 1 unit from the 1,013 rigs working this time a year ago.

Baker Hughes released its rig count data a day early because of the Good Friday holiday Apr. 19.

The number of rigs drilling on land fell 10 units week-over-week to a total of 986 rigs running. The number of rigs drilling in inland waters remained unchanged at 3 units. The number of rigs drilling offshore remained unchanged at 23 units.

US oil-directed rigs decreased by 8 from last week to 825 units. A year ago, 820 units were drilling for oil. Gas-directed rigs fell by 2 to 187 rigs, 5 fewer than were drilling for gas a year ago.

None of the major oil and gas-producing states saw an increase in rigs week-over-week.

Four states saw a 2 unit-decrease for the week, namely Texas, 500; Oklahoma, 102; Louisiana 63; and Wyoming, 34.

Colorado, 31, and Alaska, 7, were both down a single unit for the week.

Nine states remained unchanged this week, namely New Mexico, 105; North Dakota, 61; Pennsylvania, 44; West Virginia, 21; Ohio, 15; California, 13; Utah, 7; Kansas, 1; and Arkansas, 0.

Canada’s rig count remained unchanged for the week. At 66 rigs, the count is 27 fewer than the 93 units drilling this week a year ago. A 1-rig gain brought the oil-directed rig count to 19 for the week. Gas-directed rigs in Canada decreased by 1 unit to reach 47.

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