Natural Gas Rigs Down Three, Accounting for Total U.S. Decline

By Jodi Shafto

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Published in: Daily Gas Price Index Filed under:

The U.S. total combined oil and natural gas rig count of 586 for the week ending (Aug. 2) was down three rigs week/week, with gas-directed units accounting for the entire decline, according to the latest Enverus and Baker Hughes Co. data.

NGI's baker hughes U.S. rig chart

The domestic gas patch had 98 active rigs, compared with 101 the prior week and 128 rigs in the year-earlier period, the data showed.

Land drilling decreased by two rigs week/week overall in the United States, while the Gulf of Mexico shed one unit to end at 18 rigs. The horizontal count decreased by three to 520, while vertical and directional units held at 520 and 49, respectively.

NGI's Baker Hughes Canadian rig count chart

The Canadian rig count, meanwhile, increased by eight rigs for the week to 219, up from 188 in the year-earlier period. Changes included a six-rig increase in the oil patch and a two-unit rise in the natural gas patch.

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NGI's baker hughes shale rig count image

In the Lower 48, four regions lost one rig each from the previous week. The DJ Niobrara Basin fell to nine rigs, the Haynesville Shale slipped to 34 units, the Marcellus Shale to 24 units, and the Permian Basin dropped to 303 rigs.

Counting by state, California added one rig. Conversely, Texas lost two units, while Colorado, Louisiana and Pennsylvania each shed one rig.

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Jodi Shafto

Jodi Shafto joined NGI as a Senior Natural Gas Reporter in October 2023. Before that, she was a business news reporter for South Carolina's largest daily newspaper, The Post and Courier, and was a Senior Energy Markets Reporter at S&P Global Market Intelligence. Based out of Charleston, Jodi has covered US energy markets since 2005 as a reporter, editor and analyst. A New Jersey native, she holds a BS in Journalism from Bowling Green State University.