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2015-06-07 19:15:00

U.S. RIGS DOWN 7

U.S. RIGS DOWN 7

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

BHI Rig Count: U.S. -7 to 868 rigs

U.S. Rig Count is down 7 rigs from last week to 868, with oil rigs down 4 to 642, gas rigs down 3 to 222, and miscellaneous rigs unchanged at 4.

U.S. Rig Count is down 992 rigs from last year at 1860, with oil rigs down 894, gas rigs down 98, and miscellaneous rigs unchanged at 4.

The U.S. Offshore rig count is 27, down 2 rigs from last week, and down 31 rigs year over year.

BHI Rig Count: Canada +18 to 116 rigs

Canadian Rig Count is up 18 rigs from last week to 116 rigs, with oil rigs up 15 to 59, and gas rigs up 3 to 57.

Canadian Rig Count is down 98 rigs from last year at 214, with oil rigs down 63, and gas rigs down 35.

 

 

 

Week

 

Year

Location

Week

+/-

Ago

+/-

Ago

 

 

 

 

 

 

Land

837

-7

844

-950

1787

Inland Waters

4

2

2

-11

15

Offshore

27

-2

29

-31

58

United States Total

868

-7

875

-992

1860

 

 

 

 

 

 

Gulf Of Mexico

27

-2

29

-29

56

 

 

 

 

 

 

Canada

116

18

98

-98

214

 

 

 

 

 

 

North America

984

11

973

-1090

2074

U.S. Breakout Information

This Week

+/-

Last Week

+/-

Year Ago

 

 

 

 

 

 

Oil

642

-4

646

-894

1536

Gas

222

-3

225

-98

320

Miscellaneous

4

0

4

0

4

 

 

 

 

 

 

Directional

96

6

90

-125

221

Horizontal

673

-1

674

-577

1250

Vertical

99

-12

111

-290

389

 

 

 

 

 

 

Canada Breakout Information

This Week

+/-

Last Week

+/-

Year Ago

 

 

 

 

 

 

Oil

59

15

44

-63

122

Gas

57

3

54

-35

92

Miscellaneous

0

0

0

0

0

Major State Variances

This Week

+/-

Last Week

+/-

Year Ago

 

 

 

 

 

 

Alaska

10

0

10

0

10

Arkansas

5

-1

6

-6

11

California

11

1

10

-37

48

Colorado

39

-2

41

-26

65

Kansas

14

1

13

-17

31

Louisiana

70

3

67

-41

111

New Mexico

46

-2

48

-40

86

North Dakota

76

-1

77

-93

169

Ohio

22

-1

23

-17

39

Oklahoma

106

0

106

-92

198

Pennsylvania

46

-1

47

-11

57

Texas

364

-5

369

-532

896

Utah

7

0

7

-20

27

West Virginia

20

2

18

-5

25

Wyoming

22

0

22

-26

48

Major Basin Variances

This Week

+/-

Last Week

+/-

Year Ago

 

 

 

 

 

 

Ardmore Woodford

7

1

6

1

6

Arkoma Woodford

5

-1

6

0

5

Barnett

6

1

5

-22

28

Cana Woodford

33

-1

34

10

23

DJ-Niobrara

30

0

30

-23

53

Eagle Ford

103

-7

110

-111

214

Fayetteville

5

-1

6

-4

9

Granite Wash

17

1

16

-50

67

Haynesville

26

0

26

-17

43

Marcellus

64

1

63

-16

80

Mississippian

23

1

22

-54

77

Permian

233

1

232

-315

548

Utica

24

-1

25

-17

41

Williston

76

-1

77

-102

178

 

bakerhughes.com

 

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

Chronicle:

U.S. RIGS DOWN 7
October, 16, 11:50:00

SAUDI ARAMCO IPO

Saudi Arabia is considering delaying the international portion of the giant initial public offering of its state oil company until at least 2019, according to people familiar with the situation, who said a domestic share sale in Riyadh could still happen next year.

U.S. RIGS DOWN 7
October, 16, 11:45:00

SAUDI'S BANKS ARE BETTER

But we expect a rise in the sector's NPL ratio and muted credit demand in the second half of 2017 and 2018, reflecting the slowing economy. GDP growth slowed to 1.4% in 2016 from 3.4% in 2015 and we expect it to be below 1% in 2017 and 2018.

U.S. RIGS DOWN 7
October, 16, 11:40:00

OPEC EXPECTATION

The Organization of Petroleum Exporting Countries and allies including Russia have been cutting oil production this year to bring fuel inventories in industrialized nations back in line with the five-year average.

U.S. RIGS DOWN 7
October, 16, 11:35:00

JAPAN LNG INVESTMENT

The Japanese government will offer $10 billion to support firms bidding to build liquefied natural gas (LNG) infrastructure around Asia, the Nikkei business daily said on Monday.

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