Out of the major U.S. shale plays, the rig count in the Denver-Julesburg and Gulf Coast basins has increased the most, according to Enverus Rig Analytics.
Despite this week’s decline, the total rig count was up 237, or 94%, over this time last year, according to Baker Hughes data going back to 1940.
Kansas, Oklahoma, Texas Dist. 7B, 7C, 8, 8A, 9, 10
The largest increases to the rig count in the last week were in the Permian Basin and Anadarko Basin.
U.S. oil rigs rose seven to 387 this week, their highest since April 2020, while gas rigs were unchanged at 104.
The most notable change to the U.S. rig count in the last week was in the Permian Basin, where active oil and gas rigs dropped by six.
The oil and gas rig count rose five to 484 in the week to July 16, its highest since April 2020, Baker Hughes Co. said in its weekly report.