The number of rigs working onshore in the Lower 48 U.S. states last week fell by three for the second straight week, data from Baker Hughes Co.’s weekly rig survey reveals.
For the week ended Dec. 6, 770 rigs were working, down three from the previous week, and off 273 rigs, or 26.2%, from the 1,043 rigs working one year ago, Kallanish Energy calculates.
The 770-rig total also was down 133 rigs, or 14.7%, from the 9803 rigs working during the week ended Dec. 1, 2017, but was up 194 rigs, or 33.7%, from the 576 rigs working during the week ended Dec. 2, 2016.
US working-rig count keeps slipping
|Week ended||Rigs working||Change from previous week|
(Source: Baker Hughes Co.)
Five drilling areas nationwide reported a week-to-week increase in working rigs, while seven recorded a drop in rigs, and 16 reported ni week-to-week change.
The biggest week-to-week increase on a statewide basis was in the Midwest state of Indiana, up 100% last week, to two from zero.
The biggest drop was in the state which contains more than half of all working rigs. Texas reported five rigs were laid down, lowering its total to 400, Baker Hughes found.
This post appeared first on Kallanish Energy News.