US rig count falls by four

Tower Resources rig24 May 2014, News Wires – The number of oil and gas rigs drilling in the US fell by four this week to 1857, according to data from Houston-based services giant Baker Hughes.

Oil-directed rigs fell by three for a total of 1528. Gas rigs were off by one to total 325.

The Eagle Ford shale in South Texas had the biggest move, losing six rigs for a total of 213. That was 19 fewer than a year ago.

The Permian – the most active basin for rigs for many months running – gained one unit for a total of 547. The Granite Wash also added one rig for 63.

Texas as a whole lost two rigs for a total of 889. New Mexico also lost a pair for 87.

The Barnett gas shale gained two rigs for 27, while the Marcellus and Haynesville shales lost two and one rig for respective totals of 83 and 44.

The Williston basin, home to the Bakken shale, was flat on 183.

The Utica shale in Ohio was also flat, on 41.

The Mississippian play lost two rigs for 75.

Oklahoma lost four rigs statewide for a total of 191. Kansas lost four for 32.

Alaska gained a pair for 10 and California was flat on 48.

The US Gulf of Mexico added two rigs for 58.

Canada’s rig count was up one on 154.


– Upstream

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