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2015-11-02 19:20:00

U.S. RIGS DOWN 12

U.S. RIGS DOWN 12

U.S. Rig Count is down 12 rigs from last week to 775, with oil rigs down 16 to 578, and gas rigs up 4 to 197.

U.S. Rig Count is down 1,154 rigs from last year at 1,929, with oil rigs down 1,004, and gas rigs down 149.

The U.S. Offshore rig count is 33, down 2 rigs from last week, and down 20 rigs year over year.

Canadian Rig Count is up 1 rig from last week to 191, with oil rigs unchanged at 84, and gas rigs up 1 to 107.

Canadian Rig Count is down 238 rigs from last year at 429, with oil rigs down 153, and gas rigs down 85.

 

 

 

Week

 

Year

Location

Week

+/-

Ago

+/-

Ago

 

 

 

 

 

 

Land

738

-11

749

-1124

1862

Inland Waters

4

1

3

-10

14

Offshore

33

-2

35

-20

53

United States Total

775

-12

787

-1154

1929

 

 

 

 

 

 

Gulf Of Mexico

32

-2

34

-19

51

Canada

191

1

190

-238

429

North America

966

-11

977

-1392

2358

 

 

 

 

 

 

U.S. Breakout Information

This Week

+/-

Last Week

+/-

Year Ago

 

 

 

 

 

 

Oil

578

-16

594

-1004

1582

Gas

197

4

193

-149

346

Miscellaneous

0

0

0

-1

1

 

 

 

 

 

 

Directional

86

-1

87

-125

211

Horizontal

577

-14

591

-776

1353

Vertical

112

3

109

-253

365

 

 

 

 

 

 

Canada Breakout Information

This Week

+/-

Last Week

+/-

Year Ago

 

 

 

 

 

 

Oil

84

0

84

-153

237

Gas

107

1

106

-85

192

Miscellaneous

0

0

0

0

0

 

 

 

 

 

 

Major State Variances

This Week

+/-

Last Week

+/-

Year Ago

 

 

 

 

 

 

Alaska

13

1

12

5

8

Arkansas

4

0

4

-8

12

California

14

0

14

-32

46

Colorado

30

0

30

-45

75

Kansas

9

2

7

-17

26

Louisiana

71

-2

73

-41

112

New Mexico

42

2

40

-58

100

North Dakota

62

-1

63

-118

180

Ohio

20

-1

21

-22

42

Oklahoma

84

-6

90

-124

208

Pennsylvania

28

1

27

-27

55

Texas

339

-7

346

-562

901

Utah

5

0

5

-18

23

West Virginia

16

-1

17

-18

34

Wyoming

26

0

26

-35

61

 

                 

Major Basin Variances

This Week

+/-

Last Week

+/-

Year Ago

 

 

 

 

 

 

Ardmore Woodford

2

0

2

-4

6

Arkoma Woodford

8

0

8

3

5

Barnett

6

0

6

-17

23

Cana Woodford

36

0

36

-2

38

DJ-Niobrara

27

0

27

-35

62

Eagle Ford

75

-2

77

-143

218

Fayetteville

4

0

4

-5

9

Granite Wash

13

1

12

-46

59

Haynesville

25

-1

26

-16

41

Marcellus

43

0

43

-41

84

Mississippian

12

0

12

-66

78

Permian

229

0

229

-333

562

Utica

21

-1

22

-25

46

Williston

63

-1

64

-129

192

 

bakerhughes.com

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More:

U.S. COMPLETIONS DOWN 44%   

U.S. RIGS UNCHANGED  

U.S. RIGS DOWN 8  

U.S. OIL DOWN 93,000  

U.S. OIL DOWN 120,000  

U.S. RIGS DOWN 14

 

 

 

 

 

 

Tags: USA, OIL, GAS, RIGS

Chronicle:

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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.

U.S. RIGS DOWN 12
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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.

U.S. RIGS DOWN 12
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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.

U.S. RIGS DOWN 12
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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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