U.S. Land Rig Count 22 Jan 2016

By Arthur Berman - Jan 23, 2016, 8:37 PM CST

The U.S. land rig count for the week ending 22 January 2016 was 607, down 16, and the horizontal land rig count was 500, down 11 rigs.

Horizontal Rig Count Summary

The tight oil rig count was down 6 rigs. The Bakken lost 2 rigs, the Eagle Ford, 4 and the Permian gained 1 rig. The Mississippi Lime lost 1 rig.

The shale gas rig count was down 6 rigs also. The Haynesville lost 5 rigs, the Marcellus lost 2 and the Woodford gained 1 rig.

By Art Berman for Oilprice.com

More Top Reads From Oilprice.com:

Back to homepage

Loading ...

« Previous: Security Woes Threaten OPEC’s Second Largest Producer

Next: Saudi Aramco Chairman Talks Oil Down »

Arthur E. Berman is a petroleum geologist with 36 years of oil and gas industry experience. He is an expert on U.S. shale plays and… More

Large Crude Inventory Build Rocks Oil Prices

Is Copper Heading to $15,000?

Breakthrough in Sodium Battery Chemistry Promises Lower Costs

The Novel Material Revolutionizing Energy Storage

OPEC Chief Challenges Reports Predicting Demise of Oil Demand

Gary - 24th Jan 2016 at 11:09am:

When u say lost rigs do u mean they are gone 4ever or are they temporarily shut down?
Joe Huber - 25th Jan 2016 at 7:04pm:

They are referring to stacking a rig. Which means they are temporarily out of service and can be brought back on line once prices get better.