The US drilling rig count dropped 7 units to reach 623 rigs working for the week ended Sept. 29, according to Baker Hughes data. The count is down 142 units from the 765 rigs working this time a year ago.
The number of rigs drilling on land fell 8 units week-over-week to a total of 600 rigs running. The number of rigs drilling in inland waters was unchanged at 3 units. The number of rigs drilling offshore increased by a single unit to reach 20 rigs working for the week.
US oil-directed rigs were unchanged from last week at 502 units. A year ago, 604 units were drilling for oil. Gas-directed rigs decreased by 2 units to 116, 43 fewer than were drilling for gas a year ago.
Of the major oil and gas-producing states, New Mexico, Louisiana, and North Dakota saw increases in rigs week-over-week. With two additional rigs, New Mexico’s rig count stands at 102 for the week. A single-rig increase in both Louisiana and North Dakota brings respective rig counts to 43 and 31.
An 8-unit drop left Texas with 304 rigs running for the week. The count is down 56 rigs year-over-year. Oklahoma’s rig count dropped by 2 to reach 35 rigs working for the week. Pennsylvania ended the week 1 rig down to hit 20 rigs working.
Canada’s rig count gained 1 unit for the week. At 191 rigs, the count is 22 fewer than the 213 units drilling this week a year ago. The number of oil-directed rigs working was unchanged from last week at 115. Gas-directed rigs in Canada increased by 1 unit to 76.