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Rig Count: U.S. Gains Three New Rigs While Oklahoma Remains Flat

The latest weekly oil and gas rig count revealed an increase for the nation while the rig count is flat in Oklahoma, according to Houston-based Baker Hughes Company.

The nation’s rig count gained three to reach 943, up from a year ago when it had 446 working rigs. Oklahoma’s count remains at 130 compared to the 66 active rigs from a year ago.

Canada’s rig count slid by 16 in the past week, reaching 201. Canada had 64 working rigs a year ago.

While Oklahoma’s rig count is flat, New Mexico continued to show the greatest growth, adding three new rigs for a total of 65 from last year’s count of 30. Texas dropped by one to reach 455 rigs compared to the241 rigs reported a year ago. According to data from the Red Top Rig Report, Kansas lost two rigs for a total of 33. The Sunflower State had 34 working rigs last year.

Of the various oil plays, the Permian basin added three rigs, reaching 380. Three areas added a rig each: the Arkoma Woodford added one new rig for 9; the Granite Wash gained one for a total of 16 rigs; and the Marcellus increased by one for a new count of 44 rigs. Cana Woodford experienced the greatest loss, dropping by four, with 65 rigs remaining in the play. The Haynesville play lost two for a new total of 44 active rigs. Finally, the Eagle Ford in south Texas fell by one and now sits at 73 active rigs.