US oil and gas rig count climbed to 753 for the week ending April 21 according to Baker Hughes, a gain of five vs. a week ago. Rigs were added in the Permian (+2), Anadarko (+1) and All Other (+2) basins. Total US rig count has remained in the 700-800 range for the last year - falling 18 in the last three months, but up 58 vs. this week a year ago.
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- Analyst Insight
US Rig Count Up Seven On Gains In Multiple Basins After Weeks of Stagnation
US oil and gas rig count grew by seven for the week ending December 6, the largest weekly gain since September, climbing to 589 according to Baker Hughes. The Permian (+1), Bakken (+1), Gulf of Mexico (+1) and All Other (+5) basins all posted gains, while the Anadarko (-1) was the only basin to post a decline. Within the All Other group, rigs were added in Granite Wash (+2) in the Texas panhandle, Monterey Shale (+1) in California, Uinta (+1) in Utah, and East Texas Other (+1). Total US rig count is up seven in the last 90 days, and down 37 vs. this week a year ago. Oil-directed rigs climbed to 482 (+5) while gas-directed rigs grew to 102 (+2) and miscellaneous rigs were unchanged and stand at five.
- Analyst Insight
Rig Count Climbs To 586, Erasing Last Week's Losses
US oil and gas rig count climbed to 586 for the week ending July 19, a gain of two vs. a week ago according to Baker Hughes. Rigs were added in the Eagle Ford (+1), Appalachia (+1) and All Other (+4), while the Haynesville (-1), Anadarko (-1), Niobrara (-1) and Gulf of Mexico (-1) all lost rigs. Within the All Other group, the Green River, Monterey Shale, Sacramento Basin, and Unita basins each added one rig. Total US rig count is down 33 in the last 90 days, and down 83 vs. this week a year ago. Oil-directed rigs declined this week to 477 (-1), while gas-directed rigs grew to 103 (+3) and miscellaneous rigs were flat at 6.
- Analyst Insight
Permian, Eagle Ford Lead the Way As US Oil and Gas Rig Count Up 9 vs. Week Ago
Total US oil and gas rig count climbed to 641 for the week ending September 15, a gain of nine vs. last week according to Baker Hughes. Rigs were added in the Permian (+2), Eagle Ford (+2) and All Other (+5), while no basins lost rigs. Total US rig count is down 46 in the last 90 days, and down 122 vs. this week a year ago.