The US drilling rig count decreased by 8 units to reach 674 rigs working for the week ended June 30, according to Baker Hughes data. The count is down 76 units from the 750 rigs working this time a year ago.
An 8-rig drop in land rigs was responsible for the fall. The number of rigs drilling on land dropped to 653, 77 fewer than were drilling on land this time last year. The number of rigs drilling offshore was unchanged at 19. Inland water rigs were also unchanged at 2.
US oil-directed rigs fell by a single unit to 545 working for the week. This time a year ago, 595 units were drilling for oil. Rigs targeting gas decreased 6 units to 124, 29 fewer than were drilling for gas at this time a year ago.
Of the major oil and gas-producing states, New Mexico saw the largest increase. A 2-rig gain brought the rig count to 108 for the week. Wyoming gained a single rig to reach 18 rigs running.
Texas and Louisiana each dropped 4 rigs to reach respective counts of 341 and 43 rigs working. Oklahoma dropped 2 rigs to 40, and North Dakota’s rig count fell by 1 to 34.
Canada’s rig count decreased by 2 units to 167 rigs drilling for the week. The count is 1 more than the 166 units drilling this week a year ago. At 109 units, Canada’s oil-directed rig count decreased by 1 unit for the week. The gas-directed rig count in Canada also dropped by 1 unit to leave 58 gas-directed rigs working.