The Great Oklahoma Rig Rodeo: Numbers on the Run Now, to the Much Needed Vacation Photos
Ever wondered how many oil rigs are tap-dancing on the plains of Oklahoma? Well, buckle up, partner, because this wild ride is about to get a little dusty...and full of more statistics than a barrel of crude.
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| How Many Rigs Are Drilling In Oklahoma |
So, How Many Rig-a-Doodlin' Machines Are There?
The exact number of rigs in Oklahoma is a bit of a moving target, more elusive than a jackrabbit in a heatwave. Estimates hover around 44 as of July 18th, 2024. That might sound a little low, but hey, the oil biz is about as steady as a rodeo clown on a bucking bull.
For all you data wranglers out there, this is a 27% dip compared to the heady days of July 2023, when a whopping 61 rigs were shaking things up. Ouch! But chin up, you brave oil barons! Maybe those rigs are just taking a much-needed vacation on a tropical beach (a metal rig on a beach? Now that's a funny image!).
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Where Can You Find This Rig-tastic Information?
While there's no official Oklahoma Rig-Cam (yet!), some trusty sources can quench your thirst for drilling data:
- Baker Hughes Rig Count: These folks track rigs nationwide, including Oklahoma (
https://ycharts.com/indicators/oklahoma_inland_rotary_rigs - Ycharts: They have a handy dandy chart that shows the Oklahoma rig count's ups and downs (
https://ycharts.com/indicators/oklahoma_inland_rotary_rigs
Remember: Data can be a fickle beast, so it's always a good idea to check multiple sources for the latest scoop.
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Fun Fact: Did You Know?
Oklahoma has a long history with the oil industry, dating back to the wild west days of the early 1900s. The discovery of the giant Cushing Field in 1912 put Oklahoma on the map as a major oil producer, and it's been a wild ride ever since!
So, You Want to Start Your Own Rig Rodeo?
Hold your horses there, partner! Drilling for oil is a complex business, and it takes a whole lot more than just a Stetson and a can-do attitude. But hey, if you're curious and have a hankering for knowledge, here are a few resources to get you started:
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How to Learn More About the Oil and Gas Industry?
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The American Petroleum Institute (API) is a great place to start (
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How to Track Oil Prices?
Bloomberg and Reuters are both reliable sources for oil price information (
How to Invest in the Oil and Gas Industry?
This one requires some serious financial planning. Talk to a qualified financial advisor before taking the plunge!
There you have it, folks! The down-low on Oklahoma's rig count, with a sprinkle of history and a dash of humor (because hey, even oil can get a little greasy sometimes!).
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