U.S. oil and gas rig count fell to 548 for the week ending December 12 according to Baker Hughes, despite some significant gains in gas-directed basins. Rigs were added in the Haynesville (+4), Anadarko (+1), Eagle Ford (+1) and Appalachia (+1), while the Permian (-2), Niobrara (-1), Gulf of Mexico (-2) and All Other (-3) all declined week on week. Total U.S. rig count is up 11 in the last 90 days, but remains down 41 from this week a year ago.
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- Analyst Insight
U.S. Rig Count Slips One to 552; Oil Rigs Climb as Gas Extends Retreat
U.S. oil and gas rig count fell by one rig to 552 for the week ending March 20 according to Baker Hughes data, as declines in All Other (-4), Niobrara (-3) and Eagle Ford (-1) outweighed gains in the Bakken (+3), Anadarko (+2) and Permian (+2).
- Analyst Insight
U.S. Rig Count Remains Stable, Reflecting Growth In Anadarko, Haynesville
U.S. rig count remained relatively stable, adding two rigs to reach 546 for the week ending January 30 according to Baker Hughes data. Rigs were added in the Anadarko (+3), Haynesville (+2) and Bakken (+1), while the Permian (-2), Gulf of Mexico (-1) and All Other (-1) declined week-on-week. Total rig count is up two in the last 90 days but remains down 30 vs. this week a year ago. Oil-directed rigs were unchanged for the week at 411, while gas-directed rigs grew to 125 (+3) and miscellaneous rigs declined to 10 (-1).
- Analyst Insight
U.S. Rig Count Edges Up One to 548; Year-Over-Year Gap Narrows to Smallest Since January
U.S. oil and gas rig count gained one rig to 548 for the week ending May 8 according to Baker Hughes data, with little movement across most basins.
