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Number of active U.S. drilling rigs down this week

0 Comment(s)Print E-mail Xinhua, January 6, 2024
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HOUSTON, Jan. 5 (Xinhua) -- The number of active drilling rigs in the United States decreased to 621 this week, down by one from the previous week and by 151 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 501 oil rigs operating in the U.S. oil fields, up by one from the previous week; 118 gas drilling rigs, down by two from last week; and two miscellaneous rigs, unchanged from last week.

The rigs included 601 land drilling rigs, zero inland water rigs, and 20 offshore drilling rigs.

Of them, 46 are directional drilling rigs, 564 are horizontal drilling rigs and 11 are vertical drilling rigs.

The Permian Basin in western Texas and eastern New Mexico has been the largest source of shale oil production growth in the United States, and an engine of supply growth outside the Organization of the Petroleum Exporting Countries in the past years. Enditem

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