HOUSTON – The US offshore rig count has remained steady at 24 over the previous week, according to the Baker Hughes Weekly Rig Count of Dec. 23, 2015.
That figure is down by six from the September time period, when there were 31 rigs operating in US offshore areas, and down by nine from the late October report, when 35 rigs were active in US offshore areas.
Total rigs engaged in exploration and production in the US was 700, down nine from the previous week’s rig count. The current nationwide rig count is still less than half of the prior-year level of 1,840. The natural gas rig count fell by six from the previous week to 162. This compares to 340 active natural gas rigs a year ago.
The oil rig count fell by three from the previous week to 538, well below the previous year’s rig count of 1,536.