US oil and gas rig count increased by one vs. a week ago, growing to 626 for the week ending December 8 according to Baker Hughes data. Rigs were added in the Haynesville (+2) and Eagle Ford (+1), while the Permian (-1) and All Other Basins (-1) both lost rigs. Total rig count is up 1 in the last 90 days, and down 154 vs. this week a year ago. Oil driected rig count decreased by two vs. last week, while gas directed rigs increased by three.
Featured Articles
- Analyst Insight
Rig Count Up Slightly As Permian, Eagle Ford Make Gains
US rig count was up slightly versus a week ago, with total rigs climbing by three to 622 for the week ending October 13 according to Baker Hughes. Rigs were added in the Permian (+2), Eagle Ford (+2), Gulf of Mexico (+2) and Bakken (+1), while the Haynesville (-2) and All Other (-2) both lost rigs. Total US rig count is down 53 in the last 90 days, and down 147 vs. this week a year ago. Oil directed rigs were up four vs. last week, while gas directed rigs fell by one.
- Analyst Insight
US Rig Count Down Slightly For Second Consecutive Week
US oil and gas rig count fell for the second consecutive week, dropping two vs. a week ago and falling to 619 for the week ending January 12 according to Baker Hughes. Rigs were added in the Eagle Ford (+3) and Bakken (+2), while the Niobrara (-3), Permian (-2), Haynesville (-1) and Anadarko (-1) all lost rigs. Total US rig count is down 3 in the last 90 days, and down 156 vs. this week a year ago. Oil directed rigs fell by two vs. a week ago, gas directed rigs fell by one, and miscellaneous rigs increased by one.
- 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.
