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Arthur Berman

Arthur Berman

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…

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U.S. Land Rig Count 22 Jan 2016

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

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Leave a comment
  • Gary on January 24 2016 said:
    When u say lost rigs do u mean they are gone 4ever or are they temporarily shut down?
  • Joe Huber on January 25 2016 said:
    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.

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