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Vol. 10, No. 25 Week of June 19, 2005
Providing coverage of Alaska and northern Canada's oil and gas industry

Canada’s rig count drops by 56, U.S. down by 14 rigs in weekly survey

The number of rotary drilling rigs operating in the United States and Canada during the week ending June 6 totaled 1,658, down a combined 70 rigs from the previous week but up a combined198 rigs from the same period last year, according to rig monitor Baker Hughes. Canada’s rig count stood at 319, a decrease of 56 compared to the previous week but an increase of 46 rigs compared to the year-ago period.

The number of drilling rigs operating in the United States decreased by 14 from the prior week to 1,339. However, the count was ahead of the year-ago period by 152 rigs. Compared to the prior week only, land rigs dropped by nine to 1,222. Offshore rigs decreased by four to 94 and inland water rigs slipped by one to 23.

Of the total number of rigs operating in the United States during the recent week, 1,196 were drilling for natural gas and 141 for oil, while two rigs were being used for miscellaneous purposes. Of the total, 847 were vertical wells, 324 directional wells and 168 horizontal wells.

Among the leading U.S. producing states, Texas’ rig count plummeted by 16 versus the previous week to total 595 rigs. Oklahoma’s rig count decreased by five to 149, while Colorado’s slipped by one to 69 and Louisiana’s slipped by one to 186. Wyoming picked up four rigs for a total of 71 rigs, and Alaska picked up one rig for a total of 10 rigs. New Mexico was unchanged with 77 rigs.

—Ray Tyson



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