US rig count rises by four

oil rig23 June 2014, News Wires – The number of rigs drilling for oil and gas rose by four this week for a total of 1858, according to data from Houston-based services giant Baker Hughes.

Both oil and gas rigs increased their count, with oil-directed units rising by three to 1545 and gas units edging up one for 311.

The Permian basin fell by three but still led all basins with 553 rigs. Texas gained on on 889 and New Mexico lost one for 90.

The Eagle Ford added a pair of rigs for 215.

The DJ-Niobrara also added a pair for a total of 60. Colorado gained three units for 68 and Wyoming was flat on 51.

The Williston basin was up a rig for a total of 175. North Dakota gained one for 170.

Ohio added two rigs for 40 while the Utica shale as a whole gained two for 42.

Pennsylvania lost a pair for 57. West Virginia lost one for 25.

Alaska lost a rig for nine.

The US Gulf of Mexico was flat on 57.

Canada gained 21 rigs for 265.


– Upstream

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