Baker hughes drill rig count

The total number of active drilling rigs in the United States increased by 7 to 544 rigs this week, according to Baker Hughes. The rise was primarily driven by a gain of 9 gas rigs, reaching a total of 117, while oil rigs fell by 2 to 422. [pdf]

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What is the Baker Hughes rig count?

The Baker Hughes rig count is an important business barometer for the oil drilling industry. When drilling rigs are active they consume products and services produced by the oil service industry. The active rig count acts as a leading indicator of demand for oil products.

How many rigs did Baker Hughes add?

We finally saw some relief last week for the Baker Hughes U.S. rig count, which added rigs for the first time in three months (12 weeks). The U.S. count added seven rigs and now stands at 544 active rigs. However, it was gas-focused rigs that saved the day.

Why did Baker Hughes rig count fall 5% in 2024?

Baker Hughes’ rig count fell 5% in 2024 following a 20% plunge in 2023. Drilling activity started 2025 the way it ended 2024: locked in a very narrow trajectory. Oilfield services firm Baker Hughes said Friday its weekly U.S. rig count was at 589 rigs for a fourth consecutive week. That’s down 32 rigs or 5% from 621 rigs counted last year.

Why are Baker Hughes rig counts important?

Because they have been compiled consistently for 70 years, Baker Hughes Rig Counts also are useful in historical analysis of the industry. The working rig location information is provided in part by Enverus.

How many rigs are drilling for natural gas?

The number of rigs drilling for natural gas was down three rigs to 83 and is down 55 rigs or 40% from 138 last year. ExxonMobil continues to lead the top 10 public companies by rig count with 35 rigs, down one for the week. ConocoPhillips remains in second, unchanged at 34 rigs, and Occidental Petroleum was also unchanged at 30 rigs.

How did the oil rig count compare to gas rigs?

Oil rigs rose by 2 to 414 during the week, while gas rigs dropped 1 to 118 and 5 rigs remained classified as miscellaneous. The total rig count was down 45 rigs, or 7.7% compared to the same time last year, while the oil rig count was down by 69 rigs, or 14.3%, and gas rigs gained 24, or 25.5% from a year earlier.

Number of oil drilling rigs in the us

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday. The total rig count in the US rose to 537, according to Baker Hughes, down 45 from this same time last year. [pdf]

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How many oil rigs are there in the US?

The June 20th Baker Hughes rig count report shows a drop in the active rig count. Baker Hughes reports 554 active drilling rigs in the US. In April, the total active rig count was 587. One year ago, the total active rig count was 588. The oil rig count is currently 438 rigs, compared to 483 in April and 485 one year ago.

How did the oil rig count compare to gas rigs?

Oil rigs rose by 2 to 414 during the week, while gas rigs dropped 1 to 118 and 5 rigs remained classified as miscellaneous. The total rig count was down 45 rigs, or 7.7% compared to the same time last year, while the oil rig count was down by 69 rigs, or 14.3%, and gas rigs gained 24, or 25.5% from a year earlier.

How many rigs are there in Texas?

The oil rig count is currently 438 rigs, compared to 483 in April and 485 one year ago. The gas rig count is 111, compared to 99 in April and 98 last June. In the major plays, the Permian Basin rig count is at 271 rigs, 13 fewer than April’s count. In East Texas, the Eagle Ford has 41 active rigs, 6 fewer than in April.

How many rotary rigs are there in the US?

The U.S. oil and gas industry has seen significant fluctuations in rotary rig counts over the past decade. As of 2024, there were 460 active oil rigs and 94 gas rigs operating in the country, marking a substantial decrease from the peak years of 2013-2014.

What are rig numbers?

The numbers, released by the EIA, can give an idea of the total number of rigs in operation, active rigs, rigs by site, and rigs by product type. United States Crude Oil & Natural GasRig Count. Active rigs counts, Historiacl Rig count data and charts.

Which region has the most oil rigs?

Within the U.S. the Permian Basin, primarily located in Texas, stands out as the region with the highest concentration of oil rigs, boasting 300 active units as of November 2024. This is significantly more than other prominent areas such as Eagle Ford. Despite the overall decrease in rig counts, U.S. oil production has remained robust.

Active drilling rigs in lavaca county texas

Pioneer and ZaZa Energy are the most active producing companies in Lavaca County who are targeting the Eagle Ford with horizontal drilling. This following information is provided by The University of Texas at San Antonio’s (UTSA) Institute for Economic Development. [pdf]

FAQS about Active drilling rigs in lavaca county texas

How many oil wells are there in Lavaca County Texas?

Lavaca County, TX currently ranks #122 in the nation based on barrels of oil equivalent (BOE) production. How many wells were drilled in Lavaca County, TX so far this year? Lavaca County, TX has had 1,785 wells drilled this year. How many approved permits are there in Texas? There have been 46 permits approved in Lavaca County, TX.

How many oil and gas producers are there in Lavaca County?

There are currently 55 active producers in the county of Lavaca County, TX. What is the average depth an oil or gas well is drilled in Lavaca County, TX? 9,488 feet is the average depth of a well in Lavaca County, TX.

How many wells have been drilled in Lavaca County?

The information below is the summary of oil and gas data that goes back to 1993 and contains information on the 1,785 wells that have been drilled from Jan 1993 to Dec 2022. If you've inherited minerals or royalties in Lavaca County, TX, MineralAnswers.com will be the most valuable tool you have to research and manage your inheritance.

What is the average depth of a well in Lavaca County?

9,488 feet is the average depth of a well in Lavaca County, TX. BUFFCO PRODUCTION INC. CAPITAL STAR OIL & GAS, INC.

How many Boe permits are there in Lavaca County?

There have been 46 permits approved in Lavaca County, TX. What is the average boe produced by well in Lavaca County, TX? How many active producers are there in Lavaca County, TX?