Hart Energy's exclusive rig counts measure drilling intensity. They exclude units classified as rigging up or rigging down, and also exclude rigs drilling injection wells, disposal wells or geothermal wells. They are designed to offer the most accurate picture of what is actually occurring in the field.
Companies added two oil rigs in the week to Oct. 11, bringing the total count to 712, Baker Hughes, a GE company, said in its weekly report. In the same week a year ago, there were 869 active rigs.
Arkansas, Louisiana, Mississippi and Texas RRC Dist. 1, 2, 3, 4., 5, 6, inland, offshore
Kansas, Oklahoma, Texas Dist. 7B, 7C, 8, 8A, 9, 10
Drillers cut three oil rigs in the week to Oct. 4, bringing down the total count to 710, the lowest since May 2017, Baker Hughes, a GE company, said in its weekly report.
U.S. energy firms reduced the number of oil rigs this week and for a record 10th month in a row as producers follow through on plans to cut spending on new drilling this year.