{"id":5715,"date":"2015-01-20T14:46:53","date_gmt":"2015-01-20T20:46:53","guid":{"rendered":"http:\/\/www.regiontrack.com\/www\/?p=5715"},"modified":"2015-01-20T14:46:53","modified_gmt":"2015-01-20T20:46:53","slug":"drilling-rig-cuts-visible-in-most-producing-states-01192015","status":"publish","type":"post","link":"https:\/\/www.regiontrack.com\/www\/drilling-rig-cuts-visible-in-most-producing-states-01192015\/","title":{"rendered":"Drilling Rig Cuts Visible in Most Producing States (01\/19\/2015)"},"content":{"rendered":"

Which energy states are seeing the steepest\u00c2\u00a0losses in rig counts?<\/strong>\u00c2\u00a0The U.S. rig count peaked in November 2014 at about 1,930 rigs but has quickly\u00c2\u00a0dropped\u00c2\u00a0to only 1,676 rigs (a 13.2% decline) in just eight short weeks.\u00c2\u00a0So far, Texas is taking the brunt of the fall. Of the 253 rigs cut nationally, 139 were\u00c2\u00a0land-based rigs operating in Texas, a 15.4% decline. Across all other states and offshore combined, only 113 rigs have been cut.<\/p>\n

Oklahoma, the number two drilling state has fared much better than Texas and the nation, off by only 13 rigs (a 6.1% decline). Third ranked North Dakota is down\u00c2\u00a021 rigs, an 11.9% decline.<\/p>\n

\"potw_1_20150119\"<\/a><\/p>\n

Among the third tier drilling states, California has been hardest hit in both absolute and percentage terms, losing nearly two-thirds of the 45 rigs operating in the state just eight weeks ago. Wyoming has also been hard-hit with a loss of 13 rigs, a 21.7% decline. New Mexico (6 rigs lost, 6.1% decline)\u00c2\u00a0and Colorado (6 rigs lost, 8.6% decline) are faring comparatively well relative to the nation and the hardest hit states.<\/p>\n

Natural gas rich Ohio is the best performing state the past eight weeks, adding 3 rigs for a total of 48.<\/p>\n

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\n[email_link]\n","protected":false},"excerpt":{"rendered":"

Which energy states are seeing the steepest\u00c2\u00a0losses in rig counts?\u00c2\u00a0The U.S. rig count peaked in November 2014 at about 1,930 rigs but has quickly\u00c2\u00a0dropped\u00c2\u00a0to only 1,676 rigs (a 13.2% decline) in just eight short weeks.\u00c2\u00a0So far, Texas is taking the brunt of the fall. Of the 253 rigs cut nationally, 139 were\u00c2\u00a0land-based rigs operating in…<\/p>\n","protected":false},"author":1,"featured_media":5714,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","om_disable_all_campaigns":false,"_uag_custom_page_level_css":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[13,1],"tags":[46,71,72,87],"post_series":[],"class_list":["post-5715","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pic-of-the-week","category-uncategorized","tag-energy-states","tag-north-dakota","tag-oil-and-gas","tag-texas","entry","has-media"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t