Oklahoma Rig Count Stays Steady

While the U.S. oil and gas rig count slipped by one in the past week, Oklahoma’s count remained at 121.

Reports from Baker Hughes Co. and the Independent Oil and Gas Service show the national count is 930. The count includes a drop of 4 oil rigs to 747 while the number of gas-drilling rigs grew by 3 to reach 183. In the past year, the total oil and gas drilling rig count grew by 293 from 637.

Most states reported a drop in rig activity with the exception of North Dakota where the count grew by one to reach 47.

Texas has 457 active rigs, a decline of two. New Mexico also slipped by two to reach 71. Louisiana’s count fell by one to reach 62. The count in  Kansas dropped by two to hit 34 while Colorado’s count of 34 remained the same as a week ago.

Activity in some of the strong oil and gas plays are mixed with thee Mississippian in Oklahoma and Kansas remaining at four. The Granite Wash in Oklahoma grew by two to reach 12. The Eagle Ford in south Texas remained at 7. The Permian Basin in Texas and New Mexico dropped three to hit 397, The Woodfords in  Oklahoma remained at 9.