Showing posts from April, 2018

US rig count jumps 8 units to hit 1,021

Baker Hughes: US rig count jumps 8 units to hit 1,021 The US drilling rig coun t gained 8 units to reach 1,021 during the week ended Apr. 27, data from  Baker Hughes  indicate. The report shows an overall increase of 156 units from year-ago levels. Offshore units were unchanged this week at 18 rigs in the Gulf of Mexico. A total of 998 rigs were drilling on land, up 7 units from last week ( OGJ Online, Apr. 20, 2018 ). The number of rigs drilling in inland waters was up 1 unit to 5 rigs working. Rigs targeting oil were up 5 units to 825, and up 128 from the 697 rigs drilling for oil this week a year ago. Gas-targeted rigs climbed 3 units to 195. This time a year ago, 171 units were drilling for gas. Oklahoma saw the largest increase with a 6-unit jump to 133 rigs running. Texas, at 513 rigs working, was up 4 units. North Dakota reached 55 rigs working, up 3 from a week ago. Louisiana, at 60, and Ohio, at 24, were up 2 rigs each from a week ago. California added a single