In a bit of a twist from recent weekly rig count reports from Baker Hughes Inc., the latest tally shows that three U.S. rigs returned to the offshore while six left activity on land. Overall, the total U.S. count fell by two in the report issued Friday (July 31). However, Canada added 15 rigs for a net North America gain of 13.
In the United States, five rigs joined the hunt for oil, but seven left the natural gas game. Across producing states, changes from the previous week were modest. Kansas lost the most rigs (four), followed by Utah, which lost three. New Mexico gained three rigs, the largest statewide increase. Louisiana gained two rigs net of land and offshore changes.
According to Baker Hughes data, Texas only gained one rig statewide, but Railroad Commission of Texas Districts 1 and 2 in the San Antonio region saw more dramatic changes. District 1 lost five rigs while District 2 to the southeast gained seven. The other districts either held steady or only gained/lost one or two rigs.
According to NGI‘s examination of other basins, the Tuscaloosa Marine Shale and the Uinta Basin were the big losers in the latest count, each dropping by three rigs.
In Canada, Alberta and Saskatchewan each added five rigs; British Columbia added four, and Manitoba gained one. Only one natural gas-directed rig was added in Canada, but 14 more oil-directed rigs came online.
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