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2016-01-17 14:50:00

U.S. RIGS DOWN 14

U.S. RIGS DOWN 14

U.S. Rig Count is down 14 rigs from last week to 650, with oil rigs down 1 to 515, and gas rigs down 13 to 135.

U.S. Rig Count is down 1,026 rigs from last year at 1,676, with oil rigs down 851, and gas rigs down 175.

The U.S. Offshore rig count is 26, down 1 from last week, and down 28 rigs year over year.

Canadian Rig Count is up 61 rigs from last week to 227, with oil rigs up 39 to 110, and gas rigs up 22 to 117.

Canadian Rig Count is down 213 rigs from last year at 440, with oil rigs down 124, and gas rigs down 89.

 

      Week   Year
Location Week +/- Ago +/- Ago
           
Land 623 -12 635 -987 1610
Inland Waters 1 -1 2 -11 12
Offshore 26 -1 27 -28 54
United States Total 650 -14 664 -1026 1676
           
Gulf Of Mexico 26 -1 27 -27 53
Canada 227 61 166 -213 440
North America 877 47 830 -1239 2116
           
U.S. Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 515 -1 516 -851 1366
Gas 135 -13 148 -175 310
           
Directional 62 -2 64 -91 153
Horizontal 511 -8 519 -742 1253
Vertical 77 -4 81 -193 270
           
Canada Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 110 39 71 -124 234
Gas 117 22 95 -89 206
Miscellaneous 0 0 0 0 0
           
Major State Variances This Week +/- Last Week +/- Year Ago
           
Alaska 9 0 9 -2 11
Arkansas 0 0 0 -11 11
California 8 1 7 -10 18
Colorado 20 -2 22 -44 64
Kansas 12 1 11 -12 24
Louisiana 54 -5 59 -53 107
New Mexico 32 -2 34 -60 92
North Dakota 47 -2 49 -109 156
Ohio 13 -1 14 -35 48
Oklahoma 87 4 83 -114 201
Pennsylvania 26 1 25 -25 51
Texas 301 -7 308 -465 766
Utah 3 0 3 -14 17
West Virginia 12 0 12 -14 26
Wyoming 15 -1 16 -32 47
                       
Major Basin Variances This Week +/- Last Week +/- Year Ago
           
Ardmore Woodford 3 0 3 -5 8
Arkoma Woodford 8 0 8 3 5
Barnett 5 -1 6 -20 25
Cana Woodford 37 1 36 -4 41
DJ-Niobrara 19 -3 22 -35 54
Eagle Ford 68 -3 71 -117 185
Fayetteville 0 0 0 -8 8
Granite Wash 14 2 12 -29 43
Haynesville 23 0 23 -20 43
Marcellus 38 1 37 -37 75
Mississippian 12 1 11 -56 68
Permian 202 -7 209 -285 487
Utica 13 -1 14 -36 49
Williston 47 -2 49 -118 165

 

bakerhughes.com

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More: 

U.S. OIL PRODUCTION (116) TBD 

U.S. RIGS DOWN 34 

DRAMATIC U.S. OIL 

2016 WILL BE WORSE 

RUSSIA BUYING UP AMERICA

 

 

 

 

Tags: USA, OIL, GAS, RIGS

Chronicle:

U.S. RIGS DOWN 14
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 14
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 14
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 14
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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