US drilling continues to increase,climbing to 1,913 rotary rigs working this week !

[megimoo]

US drilling activity continued climbing to 1,913 rotary rigs working this week, up by 7 from the previous week, vs. 1,775 units drilling in the same period a year ago, Baker Hughes Inc. reported.

That's the highest rig count since the week ended Jan. 3, 1986, when 1,915 rotary rigs were drilling in the US.

Land operations accounted for the latest gain, up 15 rigs to 1,827 working this week. Inland water drilling lost 1 rig to 22. Offshore drilling was down 7 rigs to 64 in the Gulf of Mexico, the only US offshore area in which there is drilling.
snip
Directional drilling decreased by 2 rigs to 380. Horizontal drilling increased by 20 rigs to 564.

Among major producing states, Louisiana had the biggest increase, up 6 to 178. Five states were unchanged: Colorado at 113; New Mexico, 80; Wyoming, 76; California, 43; and Alaska, 6. Oklahoma dropped 7 rigs, with 200 still working. Texas was down 1 to 915.

Canada's rig count increased by 97 to 356 this week, up from 231 in the same period last year.


http://www.ogj.com/display_article/333077/7/ONART/none/DriPr/1/US-drilling-continues-to-increase/

[Satanicus]

US drilling activity continued climbing to 1,913 rotary rigs working this week, up by 7 from the previous week, vs. 1,775 units drilling in the same period a year ago, Baker Hughes Inc. reported.

That's the highest rig count since the week ended Jan. 3, 1986, when 1,915 rotary rigs were drilling in the US.

Land operations accounted for the latest gain, up 15 rigs to 1,827 working this week. Inland water drilling lost 1 rig to 22. Offshore drilling was down 7 rigs to 64 in the Gulf of Mexico, the only US offshore area in which there is drilling.
snip
Directional drilling decreased by 2 rigs to 380. Horizontal drilling increased by 20 rigs to 564.

Among major producing states, Louisiana had the biggest increase, up 6 to 178. Five states were unchanged: Colorado at 113; New Mexico, 80; Wyoming, 76; California, 43; and Alaska, 6. Oklahoma dropped 7 rigs, with 200 still working. Texas was down 1 to 915.

Canada's rig count increased by 97 to 356 this week, up from 231 in the same period last year.


http://www.ogj.com/display_article/333077/7/ONART/none/DriPr/1/US-drilling-continues-to-increase/

So, I wonder how that worked out for them.

[Speedy]

So, I wonder how that worked out for them.

Probably pretty well. Every rig has to have 2 or 3 crews consisting of floorhands, derrick hands, drillers and pushers. There also has to be a seperate crew that operates the air compressors. Then you have the service companies that run the cement and casing. The trucking companies that transport fresh and brine water to the rig. The trucking companies that move the drilling rig from one drill site to another. The oil field construction companies that build the pads where the drilling rigs set up and the roads to them.

Then you have the pulling units that come in after the drilling rig finishes the hole. You have the companies that run tests on the well, do the fraking. Then you have the people that build the pump jacks, storage tanks and seperators. Then you have the people that produce and maintain the wells.

How did it work out for Louisiana? Pretty well as all of these jobs pay very well and everyone from the company execs to the roustabouts make a shitload of money.

How terrible this must be for you.