HOME PAGE SUBSCRIPTIONS, Print Editions, Newsletter PRODUCTS READ THE PETROLEUM NEWS ARCHIVE! ADVERTISING INFORMATION EVENTS

Providing coverage of Alaska and northern Canada's oil and gas industry
March 2019

Vol. 24, No.9 Week of March 03, 2019

US drilling rig count down 4 at 1,047

Petroleum News

The number of rigs drilling for oil and natural gas in the U.S. was down by four the week ending Feb. 22 to 1,047.

Last year at this time there were 978 active rigs.

Houston oilfield services company Baker Hughes reported that 853 rigs targeted oil (down four from the previous week) and 194 targeted natural gas (unchanged).

The company said 68 of the U.S. holes were directional, 916 were horizontal and 63 were vertical.

Among major oil and gas producing states, Alaska and California were each up by one rig.

North Dakota and Wyoming were unchanged.

Colorado, New Mexico and Texas (the most active state with 508 rigs) were each down by one rig.

Louisiana and Oklahoma were each down by two rigs.

Baker Hughes shows Alaska with 13 active rigs, up from nine a year ago.

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

- Petroleum News






Petroleum News - Phone: 1-907 522-9469 - Fax: 1-907 522-9583
[email protected] --- https://www.petroleumnews.com ---
S U B S C R I B E

Copyright Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA)1999-2019 All rights reserved. The content of this article and web site may not be copied, replaced, distributed, published, displayed or transferred in any form or by any means except with the prior written permission of Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA). Copyright infringement is a violation of federal law subject to criminal and civil penalties.