US adds seven rigs

Offshore-Rig-Count23 February 2014 – The count of rigs working in the US grew by seven this week to 1771, according to the latest data from Houston service firm Baker Hughes.

The number exploring for oil increased by two for a total of 1425, up 96 from a year ago.

The tally of units drilling for gas was up by five to total 342, down 86 from a year ago.

The Gulf of Mexico region added three rigs for a total of 55, four ahead from the same week in 2013.

Texas saw its rig count surge by six to 846, adding five in the Eagle Ford shale play for 221 and one in the Permian basin for 487.

Alaska added three to total 14. Louisiana, New Mexico and North Dakota each lost three units for totals of 105, 81 and 166 respectively.

The Oklahoma-centred Cana Woodford play added three rigs for 37, while the Mississippian dropped by four to total 74.

Ohio’s Utica play and North Dakota’s Williston play each shed two rigs for totals of 41 and 147 respectively.
*Kathrine Schmidt – Upstreamonline

About the Author