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2016-01-24 18:25:00

U.S. RIGS DOWN 13

U.S. RIGS DOWN 13

U.S. Rig Count is down 13 rigs from last week to 637, with oil rigs down 5 to 510, and gas rigs down 8 to 127.

U.S. Rig Count is down 996 rigs from last year at 1,633, with oil rigs down 807, and gas rigs down 189. 

The U.S. Offshore rig count is 29, up 3 from last week, and down 25 rigs year over year.  

Canadian Rig Count is up 23 rigs from last week to 250, with oil rigs up 24 to 134, and gas rigs down 1 to 116. 

Canadian Rig Count is down 182 rigs from last year at 432, with oil rigs down 89, and gas rigs down 93. 

 

      Week   Year
Location Week +/- Ago +/- Ago
           
Land 607 -16 623 -961 1568
Inland Waters 1 0 1 -10 11
Offshore 29 3 26 -25 54
United States Total 637 -13 650 -996 1633
           
Gulf Of Mexico 29 3 26 -24 53
Canada 250 23 227 -182 432
North America 887 10 877 -1178 2065
           
U.S. Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 510 -5 515 -807 1317
Gas 127 -8 135 -189 316
           
Directional 60 -2 62 -86 146
Horizontal 500 -11 511 -729 1229
Vertical 77 0 77 -181 258
           
Canada Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 134 24 110 -89 223
Gas 116 -1 117 -93 209
Miscellaneous 0 0 0 0 0
           
Major State Variances This Week +/- Last Week +/- Year Ago
           
Alaska 11 2 9 0 11
Arkansas 0 0 0 -12 12
California 7 -1 8 -8 15
Colorado 20 0 20 -44 64
Kansas 10 -2 12 -13 23
Louisiana 54 0 54 -56 110
New Mexico 30 -2 32 -59 89
North Dakota 45 -2 47 -102 147
Ohio 14 1 13 -30 44
Oklahoma 87 0 87 -106 193
Pennsylvania 23 -3 26 -30 53
Texas 294 -7 301 -459 753
Utah 3 0 3 -12 15
West Virginia 12 0 12 -13 25
Wyoming 15 0 15 -31 46
                       
Major Basin Variances This Week +/- Last Week +/- Year Ago
           
Ardmore Woodford 3 0 3 -3 6
Arkoma Woodford 7 -1 8 2 5
Barnett 4 -1 5 -21 25
Cana Woodford 39 2 37 -5 44
DJ-Niobrara 19 0 19 -34 53
Eagle Ford 64 -4 68 -117 181
Fayetteville 0 0 0 -9 9
Granite Wash 14 0 14 -27 41
Haynesville 18 -5 23 -24 42
Marcellus 35 -3 38 -41 76
Mississippian 10 -2 12 -53 63
Permian 199 -3 202 -282 481
Utica 14 1 13 -32 46
Williston 45 -2 47 -108 153

 

bakerhughes.com

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More: 

INVESTORS SHUN U.S. 

U.S. RIGS DOWN 14 

WEAK US INDUSTRY 

U.S. OIL PRODUCTION (116) TBD 

OIL COMPANIES ROUT

 

Tags: USA, CANADA, OIL, GAS, RIGS

Chronicle:

U.S. RIGS DOWN 13
October, 18, 18:40:00

U.S. LNG RISK

There are more than a dozen LNG export projects currently being proposed to US regulators, though across the industry almost no final investment decisions have been announced over the last 18 months and some developers have delayed their decisions into 2018 or beyond. Few firm supply purchase agreements have been announced for the projects that have yet to commit to moving forward.

U.S. RIGS DOWN 13
October, 18, 18:35:00

CANADA'S OIL PRICE: $50 - $53

According to the U.S. Energy Information Administration, Canada's largest energy customer has boosted domestic oil production from less than four million barrels per day in 2008 to 9.2 million bpd now, while gas output has risen from 67 million cubic feet per day to 89 million cf/d.

U.S. RIGS DOWN 13
October, 18, 18:30:00

EGYPT SOLAR INVESTMENT

Egypt’s fledgling solar industry attracted $1.8 billion of investment, largely from the European Bank of Reconstruction and Development and the World Bank’s International Finance Corp.

U.S. RIGS DOWN 13
October, 16, 12:25:00

OIL PRICE: ABOVE $57 AGAIN

International Brent crude futures LCOc1 were at $57.75 per barrel at 0733 GMT, up 58 cents from the previous close, after trading as high as $58.13. U.S. WTI crude was at $51.95 per barrel, up 50 cents. Earlier in the day, it traded as high as $52.22.

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