Hart Energy Unconventional Activity Tracker (Week of Oct. 11, 2021)

The U.S. rig count fell slightly in the last week with the largest week-over-week changes occurring in the Gulf Coast and Anadarko basins.

Hart Energy’s Unconventional Activity Tracker

The U.S. rig count fell by four in the last week, according to Enverus Rig Analytics. The count is up 2% in the last month and up 97% in the last year. The largest week-over-week changes occurred in the Gulf Coast, down three to 71, and Anadarko Basin, down two to 56.

The largest quarterly increase by major play was in the Anadarko Basin, whose third-quarter average of 47 rigs was up 47%, rigs compared to the second quarter. The number of active operators in the basin rose at the end of the third quarter as well.

The Williston Basin averaged 24 rigs in the third quarter, up 41% compared to the second quarter.

The quarter-over-quarter changes in other major plays were less substantial. The Permian Basin increased 6%. The D-J Basin averaged 13 rigs, or one more than in the second quarter. The Gulf Coast averaged three higher at 66 rigs, and Appalachia averaged one rig fewer at 43.

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Larry Prado

Larry Prado writes activity highlights for Hart Energy's upstream franchises and covers E&P news. He holds an AA in electronics engineering technology and a BA in technical communications.