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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
November, 15, 15:25:00

OIL PRICE: ABOVE $61 AGAIN

REUTERS - Brent crude futures LCOc1 were down 72 cents at $61.49 per barrel at 1020 GMT, having fallen by 1.5 percent on Tuesday, its largest one-day drop in a month. U.S. West Texas Intermediate (WTI) crude CLc1 was at $55.12 per barrel, down 58 cents.

U.S. RIGS DOWN 14
November, 15, 15:20:00

IEA COOLS THE MARKET

BLOOMBERG - Prices dropped during the session as the International Energy Agency said the recent recovery in oil prices, coupled with milder-than-normal winter weather, is slowing demand growth. The worsening outlook for consumption dampened some of the enthusiasm that OPEC and its allies will extend supply curbs.

U.S. RIGS DOWN 14
November, 15, 15:15:00

IEA: GLOBAL ENERGY DEMAND UP BY 30%

Global energy needs rise more slowly than in the past but still expand by 30% between today and 2040. This is the equivalent of adding another China and India to today’s global demand.

U.S. RIGS DOWN 14
November, 15, 15:10:00

RUSSIA'S OIL EXPORTS UP

Product exports have grown significantly over the past several years and are expected to continue to grow as Russian refineries add capacity to produce more high-quality products.

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