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2016-10-03 18:30:00

U.S. RIGS UP 11

U.S. RIGS UP 11

BAKER HUGHES wrote, 

U.S. Rig Count is up 11 rigs from last week to 522, with oil rigs up 7 to 425, gas rigs up 4 to 96, and miscellaneous rigs unchanged at 1. 

U.S. Rig Count is down 287 rigs from last year's count of 809, with oil rigs down 189, gas rigs down 99, and miscellaneous rigs up 1. 

The U.S. Offshore Rig Count is 22, up 2 rigs from last week, and down 8 rigs year over year. 

Canadian Rig Count is up 24 rigs from last week to 162, with oil rigs up 7 to 84, and gas rigs up 17 to 78. 

Canadian Rig Count is down 17 rigs from last year's count of 179, with oil rigs up 14, and gas rigs down 31.

 

      Week   Year
Location Week +/- Ago +/- Ago
           
Land 497 9 488 -279 776
Inland Waters 3 0 3 0 3
Offshore 22 2 20 -8 30
United States Total 522 11 511 -287 809
           
Gulf Of Mexico 21 1 20 -8 29
Canada 162 24 138 -17 179
North America 684 35 649 -304 988
           
U.S. Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 425 7 418 -189 614
Gas 96 4 92 -99 195
Miscellaneous 1 0 1 1 0
           
Directional 51 2 49 -32 83
Horizontal 407 5 402 -202 609
Vertical 64 4 60 -53 117
           
Canada Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 84 7 77 14 70
Gas 78 17 61 -31 109
           
Major State Variances This Week +/- Last Week +/- Year Ago
           
Alaska 7 1 6 -4 11
Arkansas 1 1 0 -3 4
California 6 0 6 -7 13
Colorado 20 1 19 -10 30
Kansas 0 0 0 -10 10
Louisiana 41 1 40 -25 66
New Mexico 30 3 27 -16 46
North Dakota 30 2 28 -35 65
Ohio 14 0 14 -6 20
Oklahoma 68 1 67 -29 97
Pennsylvania 23 1 22 -7 30
Texas 245 -1 246 -112 357
Utah 5 0 5 0 5
West Virginia 10 1 9 -8 18
Wyoming 13 0 13 -11 24
                       
Major Basin Variances This Week +/- Last Week +/- Year Ago
           
Ardmore Woodford 0 -1 1 -2 2
Arkoma Woodford 4 1 3 -4 8
Barnett 1 0 1 -5 6
Cana Woodford 35 2 33 -2 37
DJ-Niobrara 17 1 16 -9 26
Eagle Ford 36 -1 37 -46 82
Fayetteville 1 1 0 -3 4
Granite Wash 10 1 9 -2 12
Haynesville 13 0 13 -13 26
Marcellus 32 2 30 -15 47
Mississippian 3 0 3 -11 14
Permian 204 3 201 -41 245
Utica 15 0 15 -6 21
Williston 30 2 28 -36 66

 

-----

Earlier:  

U.S. JOBS: 4.3 MLN 

U.S. RIGS UP 5

U.S. RIGS DOWN 2

U.S. OIL & GAS PRODUCTION DOWN 

U.S. RIGS UP 11 

U.S. OIL & GAS BENEFIT 

 

Tags: USA, CANADA, OIL, GAS, RIG, COUNT

Chronicle:

U.S. RIGS UP 11
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 UP 11
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 UP 11
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 UP 11
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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