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2015-11-06 19:40:00

RIGS DOWN 1571

RIGS DOWN 1571

The international rig count for October 2015 was 1,111, down 29 from the 1,140 counted in September 2015, and down 197 from the 1,308 counted in October 2014. The international offshore rig count for October 2015 was 270, up 2 from the 268 counted in September 2015, and down 56 from the 326 counted in October 2014.

The average U.S. rig count for October 2015 was 791, down 57 from the 848 counted in September 2015, and down 1,134 from the 1,925 counted in October 2014. The average Canadian rig count for October 2015 was 184, up 1 from the 183 counted in September 2015, and down 240 from the 424 counted in October 2014.

The worldwide rig count for October 2015 was 2,086, down 85 from the 2,171 counted in September 2015, and down 1,571 from the 3,657 counted in October 2014.

October 2015 Rotary Rig Counts

   

October 2015

 

September 2015

October 2014

   

Land

Offshore

Total

Month Variance

Land

Offshore

Total

Land

Offshore

Total

                       

Latin America

 

239

55

294

-27

266

55

321

309

84

393

Europe

 

65

43

108

-1

62

47

109

99

49

148

Africa

 

64

29

93

-3

71

25

96

84

41

125

Middle East

 

349

54

403

7

349

47

396

346

44

390

Asia Pacific

 

124

89

213

-5

124

94

218

144

108

252

International

 

841

270

1,111

-29

872

268

1,140

982

326

1,308

                       

United States

 

758

33

791

-57

816

32

848

1,868

57

1,925

Canada

 

183

1

184

1

181

2

183

424

0

424

North America

 

941

34

975

-56

997

34

1,031

2,292

57

2,349

                       

Worldwide

 

1,782

304

2,086

-85

1,869

302

2,171

3,274

383

3,657

bakerhughes.com

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More: 

U.S. FALSE CHOICES 

U.S. RIGS DOWN 12 

U.S. RIGS UNCHANGED 

U.S. RIGS DOWN 8 

U.S. RIGS DOWN 14

 

 

Tags: OIL, GAS, RIGS

Chronicle:

RIGS DOWN 1571
2018, July, 16, 10:35:00

CHINA'S INVESTMENT FOR NIGERIA: $14+3 BLN

AN - China National Offshore Oil Corp. (CNOOC) is willing to invest $3 billion in its existing oil and gas operation in Nigeria, the Nigerian National Petroleum Corporation (NNPC) said on Sunday following a meeting with the Chinese in Abuja.

RIGS DOWN 1571
2018, July, 16, 10:30:00

LIBYA'S OIL DOWN 160 TBD

REUTERS - Production at Libya’s giant Sharara oil field was expected to fall by at least 160,000 barrels per day (bpd) on Saturday after two staff were abducted in an attack by an unknown group, the National Oil Corporation (NOC) said.

RIGS DOWN 1571
2018, July, 16, 10:25:00

BAHRAIN'S GDP UP 3.2%

IMF - Output grew by 3.8 percent in 2017, underpinned by a resilient non-hydrocarbon sector, with robust implementation of GCC-funded projects as well as strong activity in the financial, hospitality, and education sectors. The banking system remains stable with large capital buffers. Growth is projected to decelerate over the medium term.

RIGS DOWN 1571
2018, July, 16, 10:20:00

NIGERIA'S GDP UP 2%

IMF - Higher oil prices and short-term portfolio inflows have provided relief from external and fiscal pressures but the recovery remains challenging. Inflation declined to its lowest level in more than two years. Real GDP expanded by 2 percent in the first quarter of 2018 compared to the first quarter of last year. However, activity in the non-oil non-agricultural sector remains weak as lower purchasing power weighs on consumer demand and as credit risk continues to limit bank lending.

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