Number of Active US Drilling Rigs Up this Week

The number of active drilling rigs in the United States increased to 752 this week, up by two from the previous week and 273 from this time last year, according to the weekly data released Friday by Houston-based oilfield services company Baker Hughes.
These active drilling rigs included 597 oil rigs operating in U.S. oil fields, up by two from the previous week; 153 gas drilling rigs, unchanged from last week; and two miscellaneous rigs, the same as last week.
The rigs included 731 land drilling rigs, four inland water drilling rigs, and 17 offshore drilling rigs.
Of them, 43 were directional drilling rigs, 682 were horizontal drilling rigs and 27 were vertical drilling rigs.
So far, the Permian Basin in western Texas and eastern New Mexico has been the largest source of shale oil production growth in the United States, having become an engine of supply growth outside the Organization of the Petroleum Exporting Countries in the past years.

About Parvin Faghfouri Azar

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