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Daily Prices

9/25/24

U.S. Natural Gas Rig Count Dips as Activity Eases into Fall; Canadian Tally Follows Suit

By Kevin Dobbs

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Published in: Daily Gas Price Index Filed under:

The U.S. natural gas rig count declined by one unit to 96 for the week ended Friday (Sept. 20) as drilling slowed ahead of the fall shoulder season, according to updated Enverus and Baker Hughes Co. (BKR) data.

NGI's U.S. rig count of Baker Hughes data

Including a flat level in the U.S. oil patch and a one-unit decline in the miscellaneous count, the combined domestic rig count of 588 was down by two for the period, according to the latest numbers. The total count was down by 42 from a year earlier, with gas rigs 22 units lower.

Total vertical rigs were flat at 15 week/week in the United States; horizontal rigs were also flat at 523. The latest total included a net two decline of directional units to 50.

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Kevin Dobbs

Kevin Dobbs joined the staff of NGI in April 2020. Prior to that, he worked as a financial reporter and editor for S&P Global Market Intelligence, covering financial companies and markets. Earlier in his career, he served as an enterprise reporter for the Des Moines Register. He has a bachelor's degree in English from South Dakota State University.