Rig Count

Rig Count Update November 17, 2017

US RIG COUNT

OKLA loses 1 rig while US Rigs climb by 8.  The number of oil rigs stayed flat this week, while the number of gas rigs gained eight.

The total oil and gas rig count in the United States now stands at 915 rigs, up 327 rigs from the year prior, with the number of oil rigs standing at 738 versus 471 a year ago. The number of gas rigs in the US now stands at 177, up from 116 a year ago.

By state, Texas was the big winner, adding 7 rigs. Louisiana was the runner-up, adding 4 rigs.

The most active counties in Oklahoma with double-digit rigs running are Grady (27), Canadian (18), Blaine (17), and Kingfisher (15).

December WTI closed up on Friday $1.26 at $56.71

 

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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