Rig Count

Rig Count June 16, 2017

The oil rig count is unfazed by lower crude prices. This is the 22nd weekly rise in a row. The total active U.S. rig count, which includes oil and natural-gas rigs, climbed by 6 to 933, while the number of oil rigs running climbed by 6 to 747 rigs. The US natural gas rig count is at a 30-month high, gaining 1 rig to rest on 186 gas rigs drilling.

Among major oil- and gas-producing states, North Dakota added three rigs while Alaska, Colorado and New Mexico gained two rigs each. California and Louisiana increased by one apiece.

Oklahoma declined by four rigs and Wyoming was down one.

The rest were unchanged.

 

Compiled and Published by GIB KNIGHT

Gib Knight is a private oil and gas investor and consultant, providing clients advanced analytics and building innovative visual business intelligence solutions to visualize the results, across a broad spectrum of regulatory filings and production data in Oklahoma and Texas. He is the founder of OklahomaMinerals.com, an online resource designed for mineral owners in Oklahoma.

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