Re: Drilling Rig Count and Location
No one really expressed any interest in having this updated, but I'd like to keep you informed about where the drilling activity is NOT happening, too. All the little translucent areas on the coasts represent 'basins' where drilling would be productive just like it is on the coasts of Louisiana and Texas.
Here's a new map for May 2008. It shows that most of the drilling has not moved, but a significant amount of new 'oil' drilling rigs have popped up along the Texas border north of Laredo in the region called "WESTERN GULF" by geologists.
This map represents 1,889 drilling rigs. This is an increase of 129 rigs from a year ago.
When was the highest and lowest active rig count recorded?
Since 1940 ...
the highest weekly US rig count was 4,530 recorded on December 28, 1981.
The lowest rig count of 488 was recorded on April 23, 1999.
In Canada the highest weekly rig count of 718 was recorded on February 17,2006.
The lowest weekly rotary rig count of 29 was recorded on April 24,1992.