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2016-01-31 11:35:00

U.S. RIGS DOWN 18

U.S. RIGS DOWN 18

U.S. Rig Count is down 18 rigs from last week to 619, with oil rigs down 12 to 498, and gas rigs down 6 to 121.

U.S. Rig Count is down 924 rigs from last year at 1,543, with oil rigs down 725, gas rigs down 198, and miscellaneous rigs down 1.

The U.S. Offshore rig count is 28, down 1 from last week, and down 21 rigs year over year.

Canadian Rig Count is down 19 rigs from last week to 231, with oil rigs down 8 to 126, and gas rigs down 11 to 105.

Canadian Rig Count is down 163 rigs from last year at 394, with oil rigs down 74, and gas rigs down 89.

      Week   Year
Location Week +/- Ago +/- Ago
           
Land 590 -17 607 -892 1482
Inland Waters 1 0 1 -11 12
Offshore 28 -1 29 -21 49
United States Total 619 -18 637 -924 1543
           
Gulf Of Mexico 28 -1 29 -19 47
Canada 231 -19 250 -163 394
North America 850 -37 887 -1087 1937
           
U.S. Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 498 -12 510 -725 1223
Gas 121 -6 127 -198 319
Miscellaneous 0 0 0 -1 1
           
Directional 58 -2 60 -82 140
Horizontal 487 -13 500 -681 1168
Vertical 74 -3 77 -161 235
           
Canada Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 126 -8 134 -74 200
Gas 105 -11 116 -89 194
Miscellaneous 0 0 0 0 0
           
Major State Variances This Week +/- Last Week +/- Year Ago
           
Alaska 13 2 11 3 10
Arkansas 0 0 0 -12 12
California 7 0 7 -9 16
Colorado 22 2 20 -41 63
Kansas 9 -1 10 -13 22
Louisiana 51 -3 54 -57 108
New Mexico 26 -4 30 -61 87
North Dakota 44 -1 45 -99 143
Ohio 14 0 14 -27 41
Oklahoma 88 1 87 -95 183
Pennsylvania 22 -1 23 -32 54
Texas 281 -13 294 -414 695
Utah 3 0 3 -11 14
West Virginia 12 0 12 -11 23
Wyoming 15 0 15 -27 42
                       
Major Basin Variances This Week +/- Last Week +/- Year Ago
           
Ardmore Woodford 3 0 3 -3 6
Arkoma Woodford 7 0 7 0 7
Barnett 3 -1 4 -16 19
Cana Woodford 39 0 39 -1 40
DJ-Niobrara 21 2 19 -30 51
Eagle Ford 64 0 64 -114 178
Fayetteville 0 0 0 -9 9
Granite Wash 13 -1 14 -27 40
Haynesville 18 0 18 -25 43
Marcellus 34 -1 35 -41 75
Mississippian 11 1 10 -43 54
Permian 182 -17 199 -272 454
Utica 14 0 14 -29 43
Williston 44 -1 45 -104 148

 

bakerhughes.com

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More: 

U.S. GAS: EXPENSIVE 

U.S. CUTS OIL INVESTMENTS 

U.S. LOSERS: $14 BLN 

U.S. RIGS DOWN 13 

U.S. OIL & GAS WELL COMPLETION DOWN 51%

 

 

 

 

 

 

Tags: USA, CANADA, OIL, GAS, RIGS

Chronicle:

U.S. RIGS DOWN 18
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 18
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 18
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 18
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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