National rig count rises by 1 to 1,060 - June 10, 2018

Providing coverage of Alaska and northern Canada's oil and gas industryJune 2018

Vol. 23, No.23

Week of June 10, 2018

National rig count rises by 1 to 1,060

Associated Press

The number of rigs drilling for oil and natural gas in the U.S. increased by one the week ending June 1 to 1,060.

At this time a year ago there were 916 active rigs. Houston oilfield services company Baker Hughes reported that 861 rigs drilled for oil (up two from the previous week) and 197 for gas (down one). Two were listed as miscellaneous (unchanged).

Among major oil- and gas-producing states, Oklahoma added two rigs, and Colorado, Texas, and Wyoming each added one. Louisiana lost two rigs. New Mexico and North Dakota each lost one. Alaska, Arkansas, California, Ohio, Pennsylvania, Utah, and West Virginia were unchanged.

The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May of 2016 at 404. - ASSOCIATED PRESS

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