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2015-05-24 19:45:00

U.S. RIGS DOWN 3

U.S. RIGS DOWN 3

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

BHI Rig Count: U.S. -3 to 885 rigs

U.S. Rig Count is down 3 rigs from last week to 885, with oil rigs down 1 to 659, gas rigs down 1 to 222, and miscellaneous rigs down 1 to 4.

U.S. Rig Count is down 972 rigs from last year at 1857, with oil rigs down 869, gas rigs down 103, and miscellaneous rigs unchanged at 4.

The U.S. Offshore rig count is 29, down 5 rigs from last week, and down 31 rigs year over year.

BHI Rig Count: Canada -5 to 72 rigs

Canadian Rig Count is down 5 rigs from last week to 72 rigs, with oil rigs up 3 to 24, and gas rigs down 8 to 48.

Canadian Rig Count is down 82 rigs from last year at 154, with oil rigs down 41, and gas rigs down 41.

 

 

 

Week

 

Year

Location

Week

+/-

Ago

+/-

Ago

 

 

 

 

 

 

Land

853

3

850

-930

1783

Inland Waters

3

-1

4

-11

14

Offshore

29

-5

34

-31

60

United States Total

885

-3

888

-972

1857

 

 

 

 

 

 

Gulf Of Mexico

28

-5

33

-30

58

 

 

 

 

 

 

Canada

72

-5

77

-82

154

 

 

 

 

 

 

North America

957

-8

965

-1054

2011

U.S. Breakout Information

This Week

+/-

Last Week

+/-

Year Ago

 

 

 

 

 

 

Oil

659

-1

660

-869

1528

Gas

222

-1

223

-103

325

Miscellaneous

4

-1

5

0

4

 

 

 

 

 

 

Directional

85

-4

89

-120

205

Horizontal

683

-2

685

-560

1243

Vertical

117

3

114

-292

409

 

 

 

 

 

 

Canada Breakout Information

This Week

+/-

Last Week

+/-

Year Ago

 

 

 

 

 

 

Oil

24

3

21

-41

65

Gas

48

-8

56

-41

89

Miscellaneous

0

0

0

0

0

Major State Variances

This Week

+/-

Last Week

+/-

Year Ago

 

 

 

 

 

 

Alaska

9

0

9

-1

10

Arkansas

8

2

6

-3

11

California

13

0

13

-35

48

Colorado

39

0

39

-27

66

Kansas

13

-1

14

-19

32

Louisiana

69

-4

73

-45

114

New Mexico

47

3

44

-40

87

North Dakota

78

-1

79

-96

174

Ohio

23

-1

24

-16

39

Oklahoma

104

1

103

-87

191

Pennsylvania

49

3

46

-11

60

Texas

373

0

373

-516

889

Utah

7

0

7

-20

27

West Virginia

18

-3

21

-7

25

Wyoming

22

0

22

-23

45

Major Basin Variances

This Week

+/-

Last Week

+/-

Year Ago

 

 

 

 

 

 

Ardmore Woodford

6

0

6

1

5

Arkoma Woodford

6

0

6

0

6

Barnett

5

0

5

-22

27

Cana Woodford

34

-1

35

10

24

DJ-Niobrara

30

0

30

-24

54

Eagle Ford

107

-1

108

-106

213

Fayetteville

8

2

6

-1

9

Granite Wash

15

-1

16

-48

63

Haynesville

27

0

27

-17

44

Marcellus

66

0

66

-17

83

Mississippian

22

0

22

-53

75

Permian

233

0

233

-314

547

Utica

24

-1

25

-17

41

Williston

78

-1

79

-105

183

bakerhughes.com

Tags: OIL, GAS, PRICE, U.S.,

Chronicle:

U.S. RIGS DOWN 3
2018, January, 19, 12:15:00

S.KOREA'S DIVERSIFICATION

PLATTS - For full-year 2017, South Korea's crude imports from its biggest supplier Saudi Arabia fell 1.7% to 319.02 million barrels, compared with 324.45 million barrels in the previous year, customs data showed. On the contrary, South Korea has imported 1.77 million mt, or around 13 million barrels, of crude from the US in 2017, about four times higher than in 2016. Shipments from Russia grew to 140,000 b/d last year from 112,000 b/d in 2016.

U.S. RIGS DOWN 3
2018, January, 19, 12:10:00

ADNOC'S 2030 STRATEGY

AOG - ADNOC’s 2030 strategy, he said, aims to capitalise on predicted global economic growth and demand for oil and petrochemical products, particularly in non-OECD countries. As its business responds to changing market dynamics, the company will continue to broaden its partnership base, strengthen its profitability, adapt to new realities and expand market access.

U.S. RIGS DOWN 3
2018, January, 19, 12:05:00

TOSHIBA SELLS WESTINGHOUSE

WNN - Under the terms of the assignment and purchase agreement it has signed with Nucleus and Brookfield, Toshiba will sell its rights to assert claims against Westinghouse related to the parent guarantees in the amount of $5.788 billion, and on account of other claims Toshiba holds against Westinghouse in the amount of $2.284 billion to Nucleus, for the sale price of $2.160 billion.

U.S. RIGS DOWN 3
2018, January, 17, 23:50:00

OIL PRICES: NOT ABOVE $70 YET

REUTERS - Brent crude futures LCOc1 were at $69.23 a barrel at 0808 GMT, up 8 cents from their last close, but down from a high of $69.37 earlier in the day. Brent on Monday rose to $70.37 a barrel, its highest since December 2014, the start of a three-year oil price slump. U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $63.84 a barrel, down from a high of $63.89 earlier, but up 11 cents from their last settlement. WTI hit $64.89 on Tuesday, also the highest since December 2014.

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