Number of active U.S. drilling rigs up this week
Jul 16, 2022
Houston (Texas) [US], July 16: The number of active drilling rigs in the United States increased to 756 this week, up by four from the previous week and 272 from last year, according to the weekly data released Friday by Houston-based oilfield services company Baker Hughes.
These active drilling rigs included 599 oil rigs operating in the 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 738 land drilling rigs, four inland water rigs, and 14 offshore drilling rigs.
Of them, 40 are directional drilling rigs, 686 are horizontal drilling rigs and 30 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.
Source: Xinhua
