US oil and gas rig count grew to 585 for the week ending April 17 according to Baker Hughes data, a gain of two vs. a week ago. Three rigs were added in Appalachia, while the All Other group fell by one rig. All other basins were flat this week. Total US rig count is up five in the last 90 days, and down 34 from this week a year ago. Oil-directed rigs climbed to 481 (+1) on the week, with gas-directed rigs at 98 (+1) and miscellaneous rigs at six (+0).
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- Analyst Insight
US Rig Count Climbs To 539 On Gains In Eagle Ford, Appalachia
US oil and gas rig count climbed to 539 for the week ending September 12 according to Baker Hughes data, a gain of two rigs vs. a week ago. Rigs were added in the Eagle Ford (+2) and Appalachia (+1), while the Anadarko (-1) was the only basin to decline. Total rig count is down 16 in the last 90 days, and down 51 from this week a year ago. Oil-directed rigs climbed to 416 on the week, a gain of two vs. a week ago, while gas-directed rigs at 118 and miscellaneous rigs at five were unchanged from a week ago.
- 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
US Oil and Gas Rig Count Jumps By Seven Rigs For Largest Gain Since July
US oil and gas rig count climbed to 549 rigs for the week ending September 26, an increase of seven rigs vs. a week ago and the largest gain since July according to Baker Hughes data. Rigs were added in the Eagle Ford (+4), Appalachia (+1) and All Other (+5), while the Permian (-1), Haynesville (-1) and Gulf of Mexico (-1) all declined vs. a week ago. Within the All Other group, notable moves were the Texas Gulf Coast (+2), State Offshore (+2) and Granite Wash (+1). Total US rig count is up two in the last 90 days, but down 38 from this week a year ago. Oil-directed rigs climed to 424 (+6) on the week, with gas-directed rigs falling to 117 (-1) and miscellaneous rigs up to 8 (+2).
