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2015-05-11 15:00:00

U.S. RIGS DOWN 11

U.S. RIGS DOWN 11

Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website.

BHI Rig Count: U.S. -11 to 894 rigs

U.S. Rig Count is down 11 rigs from last week to 894, with oil rigs down 11 to 668, gas rigs down 1 to 221, and miscellaneous rigs up 1 to 5.

U.S. Rig Count is down 961 rigs from last year at 1855, with oil rigs down 860, gas rigs down 102, and miscellaneous rigs up 1.

The U.S. Offshore rig count is 34, unchanged from last week, and down 25 rigs year over year.

BHI Rig Count: Canada -4 at 75 rigs

Canadian Rig Count is down 4 rigs from last week at 75 rigs, with oil rigs down 1 to 16, and gas rigs down 3 to 59.

Canadian Rig Count is down 70 rigs from last year at 145, with oil rigs down 38, and gas rigs down 32.

      Week   Year
Location Week +/- Ago +/- Ago
           
Land 858 -10 868 -924 1782
Inland Waters 2 -1 3 -12 14
Offshore 34 0 34 -25 59
United States Total 894 -11 905 -961 1855
           
Gulf Of Mexico 33 0 33 -25 58
           
Canada 75 -4 79 -70 145
           
North America 969 -15 984 -1031 2000
U.S. Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 668 -11 679 -860 1528
Gas 221 -1 222 -102 323
Miscellaneous 5 1 4 1 4
           
Directional 88 -5 93 -120 208
Horizontal 692 -7 699 -551 1243
Vertical 114 1 113 -290 404
           
                 
Canada Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 16 -1 17 -38 54
Gas 59 -3 62 -32 91
Miscellaneous 0 0 0 0 0
Major State Variances This Week +/- Last Week +/- Year Ago
           
Alaska 10 0 10 0 10
Arkansas 7 -1 8 -5 12
California 13 -1 14 -27 40
Colorado 39 2 37 -26 65
Kansas 10 -1 11 -23 33
Louisiana 70 -3 73 -44 114
New Mexico 44 -2 46 -47 91
North Dakota 80 1 79 -94 174
Ohio 24 -1 25 -11 35
Oklahoma 102 -6 108 -90 192
Pennsylvania 47 0 47 -11 58
Texas 379 -1 380 -516 895
Utah 6 -1 7 -21 27
West Virginia 20 -1 21 -7 27
Wyoming 24 0 24 -21 45
                 
Major Basin Variances This Week +/- Last Week +/- Year Ago
           
Ardmore Woodford 6 0 6 0 6
Arkoma Woodford 6 0 6 0 6
Barnett 5 1 4 -19 24
Cana Woodford 35 -3 38 12 23
DJ-Niobrara 30 1 29 -23 53
Eagle Ford 105 -5 110 -113 218
Fayetteville 6 -1 7 -4 10
Granite Wash 16 -1 17 -48 64
Haynesville 27 0 27 -18 45
Marcellus 66 -1 67 -18 84
Mississippian 23 -2 25 -53 76
Permian 237 -1 238 -308 545
Utica 25 -1 26 -11 36
Williston 80 0 80 -102 182

bakerhughes.com

Tags: U.S., RIGS, OIL, GAS, BAKER, HUGHES

Chronicle:

U.S. RIGS DOWN 11
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.

U.S. RIGS DOWN 11
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.

U.S. RIGS DOWN 11
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.

U.S. RIGS DOWN 11
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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