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Providing coverage of Alaska and northern Canada's oil and gas industry
March 2017

Vol. 22, No. 12 Week of March 19, 2017

US drilling rig count increases 12 to 768

The number of rigs drilling for oil and natural gas in the U.S. increased by 12 the week ending March 10 to 768.

A year ago, 480 rigs were active.

Houston oilfield services company Baker Hughes Inc. said 617 rigs targeted oil (up eight from the previous week) and 151 targeted natural gas (up five from the previous week). There were no rigs listed as miscellaneous (down from one the previous week).

Louisiana increased by five rigs, Colorado and Oklahoma each were up three, Ohio and Wyoming rose by two and California gained one.

Alaska declined by three and New Mexico dropped one.

Arkansas, Kansas, North Dakota, Pennsylvania, Texas, Utah and West Virginia were all unchanged.

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

- Associated Press






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