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2015-05-18 18:18:00

U.S. RIGS DOWN 6

U.S. RIGS DOWN 6

BHI Rig Count: U.S. -6 to 888 rigs

U.S. Rig Count is down 6 rigs from last week to 888, with oil rigs down 8 to 660, gas rigs up 2 to 223, and miscellaneous rigs unchanged at 5.

U.S. Rig Count is down 973 rigs from last year at 1861, with oil rigs down 871, gas rigs down 103, and miscellaneous rigs up 1.

The U.S. Offshore rig count is 34, unchanged from last week, and down 23 rigs year over year.

BHI Rig Count: Canada +2 at 77 rigs

Canadian Rig Count is up 2 rigs from last week to 77 rigs, with oil rigs up 5 to 21, and gas rigs down 3 to 56.

Canadian Rig Count is down 76 rigs from last year at 153, with oil rigs down 41, and gas rigs down 35.

 

   

Week

 

Year

Location

Week

+/-

Ago

+/-

Ago

 

         

Land

850

-8

858

-941

1791

Inland Waters

4

2

2

-9

13

Offshore

34

0

34

-23

57

United States Total

888

-6

894

-973

1861

 

         

Gulf Of Mexico

33

0

33

-23

56

 

         

Canada

77

2

75

-76

153

 

         

North America

965

-4

969

-1049

2014

U.S. Breakout Information

This Week

+/-

Last Week

+/-

Year Ago

 

         

Oil

660

-8

668

-871

1531

Gas

223

2

221

-103

326

Miscellaneous

5

0

5

1

4

 

         

Directional

89

1

88

-118

207

Horizontal

685

-7

692

-563

1248

Vertical

114

0

114

-292

406

 

         

Canada Breakout Information

This Week

+/-

Last Week

+/-

Year Ago

 

         

Oil

21

5

16

-41

62

Gas

56

-3

59

-35

91

Miscellaneous

0

0

0

0

0

Major State Variances

This Week

+/-

Last Week

+/-

Year Ago

 

         

Alaska

9

-1

10

1

8

Arkansas

6

-1

7

-6

12

California

13

0

13

-35

48

Colorado

39

0

39

-26

65

Kansas

14

4

10

-20

34

Louisiana

73

3

70

-40

113

New Mexico

44

0

44

-45

89

North Dakota

79

-1

80

-95

174

Ohio

24

0

24

-15

39

Oklahoma

103

1

102

-92

195

Pennsylvania

46

-1

47

-14

60

Texas

373

-6

379

-518

891

Utah

7

1

6

-20

27

West Virginia

21

1

20

-4

25

Wyoming

22

-2

24

-23

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

0

5

-20

25

Cana Woodford

35

0

35

12

23

DJ-Niobrara

30

0

30

-23

53

Eagle Ford

108

3

105

-111

219

Fayetteville

6

0

6

-4

10

Granite Wash

16

0

16

-46

62

Haynesville

27

0

27

-18

45

Marcellus

66

0

66

-17

83

Mississippian

22

-1

23

-55

77

Permian

233

-4

237

-313

546

Utica

25

0

25

-16

41

Williston

79

-1

80

-104

183

bakerhughes.com

Tags: U.S., 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 6
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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.

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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 6
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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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