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Providing coverage of Alaska and northern Canada's oil and gas industry
November 2018

Vol. 23, No.46 Week of November 18, 2018

National drilling rig count up 14 to 1,081

Petroleum News

The number of rigs drilling for oil and natural gas in the U.S. was up by 14 the week ending Nov. 9 to 1,081.

At this time last year there were 907 active rigs.

Houston oilfield services company Baker Hughes reported that 886 rigs targeted oil (up by 12 from the previous week) and 195 targeted natural gas (up by two).

The company said 74 of the U.S. holes were directional, 935 were horizontal and 72 were vertical.

Among major oil and gas producing states, New Mexico and Oklahoma were each up by four rigs; Louisiana was up by three; Colorado and Pennsylvania were each up by two; and Alaska and North Dakota were each up by one.

Texas was down by one rig and Wyoming was unchanged.

Baker Hughes shows Alaska with six active rigs, unchanged from a year ago.

The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May 2016 at 404.

- Petroleum News






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