Rig count falls in Texas, Colorado

The U.S. rig count fell by four this week as oil prices continued to stagnate. Houston oilfield services company baker hughes reported friday that oil rigs dropped two to 748, gas two to 187. The.

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BHI rig count has seen only one drop in 18 weeks from February to June. Drilling activity fell in the U.S. this week, snapping a ten-week long streak of increases, according to Baker Hughes Weekly.

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Oil & gas news baker, count, falls, Hughes, rig, units The US drilling rig count dropped 4 units to reach 1,047 rigs working for the week ended Feb. 22. The count is up 69 units from the 978 rigs working this time a year ago, according to Baker Hughes data.

U.S. Rig Count Falls After Six Months of Continuous Growth July 3, 2017 For the first time in six months, the latest weekly oil and gas rig count posted a decline for the nation, according to Baker Hughes Company of Houston, Texas.

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Colorado, North Dakota, Pennsylvania and Texas each lost one. Arkansas, California, New Mexico, Ohio, Utah and West Virginia were unchanged. The U.S. rig count peaked at 4,530 in 1981. It bottomed out.

The West Texas-New Mexico Permian Basin was the nation’s only major play to add more than one rig in the past week. Its count increased by three, all in New Mexico, pushing its tally to 443.

2017-12-15  · US rig count falls by 1 this week to 930, New Mexico and Texas each lost two rigs while Louisiana. Arkansas, California, Colorado, Kansas, Ohio.

The number of active oil and gas drilling rigs in the U.S. dropped by 10 last week, led by losses in Texas and Colorado. Texas, which is home to.