The US drilling rig count increased by 2 units to 588 rigs working during the week ended Feb. 14, data from Baker Hughes indicate.
The added rigs are evenly split, one oil-targeted, and one gas-targeted, bringing the respective totals to 481 and 101 rigs working for the week.
The offshore rig count was unchanged at 14. There were two additional rigs drilling on land this week for a total of 572. That tally is down 30 rigs from the 602 rigs drilling on land this time a year ago. Twp rigs were drilling in inland waters, unchanged from last week.
Texas led in gains among leading oil and gas producing states. The addition of 2 units brings the total to 280. Oklahoma and Utah each gained a single rig to end the week with respective counts of 44 and 13.
North Dakota and Louisiana each dropped a single unit to reach respective counts of 32 and 30 rigs working for the week.
Canada dropped 4 units to end the week with 245 rigs working. The count is up 11 units from the same period in 2024. Oil-directed rigs decreased by 3 units to 174. The count is up by 30 from this time last year. The gas-directed rig count in Canada decreased by a single unit to 71. The count is down 19 units from the year-ago level.