The US drilling rig count is up a single unit to 1,054 rigs working for the week ended Sept. 28, according to Baker Hughes data. The count is up 114 units from the 940 rigs working this time a year ago.
The single additional rig moved the total number of land rigs to 1,029 drilling for the week. Offshore units and those drilling in inland waters remained unchanged with 20 and 5 units working, respectively.
US oil-directed rigs were down 3 units from last week to 863 units working, and up from the 750 rigs drilling for oil this week a year ago. Gas-directed rigs were up 3 units at 189—the same number as were drilling a year ago.
Among the major oil and gas-producing states, Oklahoma saw the largest increase for the week with a 5-rig gain for a total of 141 rigs working.
Four states saw a single unit increase: Louisiana, 62; Colorado, 33; Utah, 6; and Alaska, 6.
Four states were unchanged this week: North Dakota, 53; Pennsylvania, 44; Ohio, 18; and West Virginia, 13.
Texas, New Mexico, and California each dropped 2 units to reach respective counts of 529, 97, and 13.
Wyoming dropped 1 unit to reach 29 rigs working for the week.
Canada saw another sizeable loss, dropping 19 rigs for the week. With 178 rigs running, the count falls below the 213 units drilling this week a year ago. Canada dropped 13 oil-directed rigs to reach 122 units for the week and lost 6 gas-directed rigs to reach 56 units.
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Related stocks: Keppel Corp, Sembcorp Marine, Cosco.
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