Number of US active drilling rigs decreases this week

The number of active drilling rigs in the United States decreased by 10 to 1,012 this week, and one rig down from this time last year, according to the weekly data released by oilfield services provider Baker Hughes on Friday, report Xinhua . 

The number of rigs operating in the U.S. oil fields decreased by eight to 825 this week, and more than half of them were located in the Permian Basin region of western Texas and southeastern New Mexico. The number of gas drilling rigs decreased by two to 187, and the number of miscellaneous drilling rigs remained at zero.

The Houston-based oilfield services company reported that the number of land drilling rigs decreased by 10 to 986. Both the number of inland waters drilling rigs and offshore drilling rigs remained level at three and 23, respectively. The number of directional drilling rigs decreased by three to 75 rigs, the number of horizontal drilling rigs decreased by three to 886 rigs, and the number of vertical drilling rigs decreased by four to 51 rigs.

None of the major U.S. states had increasing number of drilling rigs. The states of Louisiana, Oklahoma, Texas and Wyoming led the loss with two rigs, respectively.

Drilling activity and newly-added wells are crucial to maintain as well as increase crude oil production in the United States.

The U.S. Energy Information Administration (EIA) reported on Wednesday that U.S. crude oil production averaged 12.1 million barrels per day (b/d) last week, down by 100,000 barrels from the previous week and up by about 1.6 million b/d year-on-year.

In its latest Short-Term Energy Outlook released Tuesday, the EIA estimated that U.S. crude oil production averaged 12.1 million b/d in March, up 300,000 b/d from the February average.

The EIA also forecast that U.S. crude oil production will average 12.4 million b/d in 2019 and 13.1 million b/d in 2020, with most of the growth coming from the Permian Region.