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U.S. Drops 86 Onshore Rigs, Mostly in Texas

A total of 90 drilling rigs were dropped in the United States as of Friday, including 86 land rigs, Baker Hughes Inc. reported.

The U.S. oil and gas rig count stood at 1,543, down 242 from a year ago. Five rigs were dropped in the offshore and one rig was added to the inland waters. The Gulf of Mexico (GOM) had 47 rigs running, down six from a week ago and off 10 from a year ago.

A total of 94 U.S. oil rigs were dropped, while three natural gas rigs were added and one "miscellaneous" rig. The rig count as of Friday stood at 1,223 oil rigs, 318 gas rigs and one miscellaneous. Mostly horizontal (hz) rigs were dropped last week, according to Baker. Data indicated 61 hz rigs were dropped, putting the count at 1,168. The vertical rig count dropped by 23 to 235, while six directional rigs were dropped to 140 total.

Texas lost 58 rigs last week; its count stood at 695. Oklahoma drillers dropped 10 rigs to put its count at 183. Four rigs also were dropped in both Wyoming and North Dakota, while three rigs were dropped in Ohio. California, now at 16, and Pennsylvania, at 54, each gained one rig last week.

Canada lost 38 rigs as of Friday. Its rig count stood at 394, versus 608 a year ago.

In the GOM, six rigs were dropped from a week ago, putting the total count at 47, versus 57 for the same time a year ago.

Canada lost 38 rigs as of Friday, and it had 214 fewer rigs in operation as of Friday than it did a year ago, Baker noted. In total, North America lost 128 rigs for the week ending Friday, with the total rig count at 1,937. A year ago, a total of 2,393 rigs in operation.

The international rig count also was down by 11 from a week ago and was down by 22 from a year ago.

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