Number of active U.S. drilling rigs increases this week
Source: Xinhua | 2020-08-22
The number of active drilling rigs in the United States increased by 10 to 254 this week, down by 662 year on year, according to the weekly data released Friday by Houston-based oilfield services company Baker Hughes.
These active drilling rigs included 183 oil rigs operating in the U.S. oil fields, up by 11 from the previous week; 69 gas drilling rigs, down by one from last week; and two miscellaneous rigs, unchanged from last week.
The 254 rigs included 240 land drilling rigs, up by 10 from the previous week, and 13 offshore drilling rigs and one inland water drilling rig, both unchanged from last week.
Of them, 20 are directional drilling rigs, 221 are horizontal drilling rigs and 13 are vertical drilling rigs.
During the week, the number of drilling rigs increased the most by eight in the state of Texas to 108 rigs.
By far, the Permian Basin in western Texas and eastern New Mexico has been the largest source of shale oil production growth in the United States, having become an engine of supply growth outside the Organization of the Petroleum Exporting Countries in the past years.
The United States has become a major oil producer in the past years with the help of its shale oil production growth. Meanwhile, China continues to be one of the world's biggest oil consumers.
According to the latest release from the Chinese National Bureau of Statistics, China's crude oil output edged up 0.6 percent year on year to 16.46 million tonnes in July, slightly retreating from an increase of 0.7 percent registered in June. China imported 51.29 million tonnes of crude oil in July, surging 25 percent year on year.