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  • Writer's pictureDave Boyer

Baker Hughes weekly rig report Friday 9/17/2021

Henry Hub prices hit $4 eight weeks ago, and horizontal rigs have...

wait for it...

remained flat!

No big surprise in Appalachia, as interstate pipelines are flowing near capacity. RBN reported in August that Appalachia utilization is the highest since 2016-2017. In that period, many new pipeline projects were underway to expand capacity. Today, new pipeline projects remain delayed or canceled throughout the basin.

It will be interesting to see if operators in other basins continue to hold the line with capital restraint and not ramp-up rigs toward year-end.

All US Rigs 512(+9)

US Horizontal Rigs 466 (+5)

US Hz Gas Rigs 90 (-1)

US Hz Oil Rigs 375 (+6)

US Hz Misc Rigs 1 (-)

The largest changes by county this week are:

  • Lea Co., NM adding 2 for 51 horizontal rigs

  • Washington Co., PA adding 2 for 3 horizontal rigs

Mudrock’s weekly map and charts are interactive. To use the visualizations visit

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Baker Hughes weekly rig report Friday 1/28/2022

All US Rigs 610 (+6) US Horizontal Rigs 553 (+9) US Hz Gas Rigs 105 (+2) US Hz Oil Rigs 448 (+7) The largest changes by county this week are: Canadian Co., OK adding 2 for 10 horizontal rigs Reeves Co


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