Written by: Karim Hammam
The number of active oil and gas drilling rigs in the United States remained stable over the past week, with the national total holding at 603 rigs. These numbers were distributed among 459 oil drilling rigs, down by 3 rigs, and 133 gas drilling rigs, up by 1 rig, in addition to 11 miscellaneous rigs following an increase of 2 rigs.
Changes in Rig Numbers Across US States
Several states recorded noticeable changes in drilling activity; the number of rigs in Texas decreased by 3 to reach 278 rigs, and the number in New Mexico dropped by 3 rigs to stand at 96 rigs. Conversely, Louisiana recorded an increase of 2 rigs to reach 40 rigs, while states such as North Dakota maintained 31 rigs, Alaska 12 rigs, and Colorado 12 rigs.
Kansas witnessed a growth of 4 rigs to reach 19 rigs, and the number of rigs in Utah jumped by 5 rigs to reach 20 rigs. In contrast, the number in California decreased by 1 rig to reach 5 rigs, and the number of rigs in Wyoming dropped by 1 rig to reach 16 rigs.
Annual Comparisons and Global Statistics
When comparing the current situation to last year, there is an increase in the total number of active rigs in the United States by 55 rigs compared to last year, which recorded 548 rigs. Furthermore, the current number of oil rigs exceeds last year's recorded figure by 41 rigs, while the number of gas rigs exceeds last year's figure by 12 rigs.
On a continental level, the total number of rigs in North America reached 728 rigs, after adding 187 rigs in Canada to the US total. On the international front, the total number of global rigs reached 1,812 rigs, with 512 active rigs recorded in the Middle East region.
