Image courtesy of Baker Hughes.

The U.S. rig count fell to 905 last week after shedding 27 rigs, marking twenty one consecutive weeks of losses.

The onshore rig count accounted for all of the U.S. losses and fell to 868 rigs, a 918 rig loss from a year ago, according to Baker Hughes.

The total U.S. rig count slid to 905 rigs as of April 24, a huge drop from the 1,854 rigs operating during the same period last year.

U.S. oil drillers shed 24 rigs last week, dragging the oil rig count down to 679 rigs, a nearly 50 percent year over year drop.

Rigs looking for gas in the U.S. fell by three to 222 rigs while directional drillers saw their count tick up to 93 after adding 2 rigs last week.

The horizontal rig count fell to 699 rigs after a 21 rig drop, down from 1,247 rigs active a year ago, while vertical drillers saw their count slip by 8 rigs down to 113 rigs.

Texas once again saw the steepest rig decline last week after losing 13 rigs with eight of those dropped rigs coming from the Permian Basin and a five rig loss at the Eagle Ford shale play.

Drillers in the Williston Basin, the only major basin to add rigs last week, saw the play’s count inch up by one to 80 rigs.

The rig counts in California, Colorado, Ohio, Utah and West Virginia were unchanged from last week while Wyoming gained 1 rig and Oklahoma lost 7 rigs.

The U.S. offshore rig count held steady at 33 rigs while the total North American rig count dropped to 984 rigs, down from 2,017 rigs a year ago.


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