US Oil Rig Count Hits Highest Level Since April 2020
U.S. oil rigs rose seven to 461 this week, while gas rigs were steady at 102, according to Baker Hughes data.
Hart Energy Unconventional Activity Tracker (Week of Nov. 15, 2021)
The Permian Basin had the largest week-over-week gain, adding five rigs. Meanwhile, the Anadarko Basin had the largest loss, dropping five rigs.
US Drillers Add Oil, Gas Rigs for Third Consecutive Week
The oil rig count in the U.S. was up about 70% since the start of the year, while the number of active gas rigs was up only about 23%.
Hart Energy Unconventional Activity Tracker (Week of Nov. 8, 2021)
The largest week-over-week increase to the U.S. rig count by major play occurred in the Permian Basin, where five rigs were added.
US Oil Rig Count Hits Highest Level Since April 2020
The total rig count was up 250 rigs, or 83%, over this time last year.
Hart Energy Unconventional Activity Tracker (Week of Nov. 1, 2021)
Several of the major plays are at or near 2019 levels for this time of year, with the Anadarko Basin running only four fewer rigs than in October 2019.
US Drillers Add Oil, Gas Rigs for 15th Consecutive Month
For the week, the oil and gas rig count, an early indicator of future output, rose two to 544 in the week to Oct. 29, its highest since April 2020, Baker Hughes Co. said in its weekly report.
Hart Energy Unconventional Activity Tracker (Week of Oct. 25, 2021)
All major U.S. shale plays tallied month-over-month increases to the rig count except the Anadarko Basin, which was flat.
US Oil and Gas Rig Count Falls for First Week in Seven
Despite this week’s decline, the total count of oil and natural gas rigs operating in the U.S. was still up 255 rigs, or 89%, over this time last year.
Hart Energy Unconventional Activity Tracker (Week of Oct. 18, 2021)
The Permian Basin led the way in the increase, adding seven rigs in the last week to reach 241, while Appalachia and the Gulf Coast also gained rigs. The Williston Basin had the largest drop though.