Oklahoma’s Rig Count Slides Down to 15

The numbers are startling and reflect what’s happened to the oil and gas industry in Oklahoma and the rest of the U.S. as oil and gas are stockpiled in storage with drillers hoping for a dramatic change in the crisis. Oklahoma has only 15 working rigs as of this week after the count fell by 5. A year ago, the state had 103 working rigs in the various oil plays of Oklahoma. Nationally, the count, according to Baker Hughes, fell by 57 in the past week, hitting a total of 408 rigs. The number of oil rigs declined by 53,…

You must be logged in to view this content. Click here to subscribe