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2016-10-24 18:35:00

U.S. RIGS UP 14

U.S. RIGS UP 14

BAKER HUGHES wrote, 

U.S. Rig Count is up 14 rigs from last week to 553, with oil rigs up 11 to 443, gas rigs up 3 to 108, and miscellaneous rigs unchanged at 2.

U.S. Rig Count is down 234 rigs from last year's count of 787, with oil rigs down 151, gas rigs down 85, and miscellaneous rigs up 2.

The U.S. Offshore Rig Count is 23, unchanged from last week, and down 12 rigs year over year.

Canadian Rig Count is down 22 from last week to 143, with oil rigs down 21 to 69, and gas rigs down 1 to 74.

Canadian Rig Count is down 47 rigs from last year's count of 190, with oil rigs down 15, and gas rigs down 32.

      Week   Year
Location Week +/- Ago +/- Ago
           
Land 528 15 513 -221 749
Inland Waters 2 -1 3 -1 3
Offshore 23 0 23 -12 35
United States Total 553 14 539 -234 787
           
Gulf Of Mexico 22 0 22 -12 34
Canada 143 -22 165 -47 190
North America 696 -8 704 -281 977
           
U.S. Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 443 11 432 -151 594
Gas 108 3 105 -85 193
Miscellaneous 2 0 2 2 0
           
Directional 51 0 51 -36 87
Horizontal 445 14 431 -146 591
Vertical 57 0 57 -52 109
           
Canada Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 69 -21 90 -15 84
Gas 74 -1 75 -32 106
           
Major State Variances This Week +/- Last Week +/- Year Ago
           
Alaska 10 1 9 -2 12
Arkansas 1 0 1 -3 4
California 6 0 6 -8 14
Colorado 20 -1 21 -10 30
Kansas 0 0 0 -7 7
Louisiana 46 -2 48 -27 73
New Mexico 34 2 32 -6 40
North Dakota 30 0 30 -33 63
Ohio 14 0 14 -7 21
Oklahoma 73 0 73 -17 90
Pennsylvania 25 0 25 -2 27
Texas 254 10 244 -92 346
Utah 5 1 4 0 5
West Virginia 10 0 10 -7 17
Wyoming 16 3 13 -10 26
                       
Major Basin Variances This Week +/- Last Week +/- Year Ago
           
Ardmore Woodford 0 0 0 -2 2
Arkoma Woodford 4 0 4 -4 8
Barnett 3 0 3 -3 6
Cana Woodford 39 0 39 3 36
DJ-Niobrara 17 -1 18 -10 27
Eagle Ford 33 2 31 -44 77
Fayetteville 1 0 1 -3 4
Granite Wash 10 0 10 -2 12
Haynesville 17 1 16 -9 26
Marcellus 34 0 34 -9 43
Mississippian 3 1 2 -9 12
Permian 212 11 201 -17 229
Utica 15 0 15 -7 22
Williston 30 0 30 -34 64

-----

Earlier: 

U.S. OIL PRODUCTION DOWN 30 TBD 

U.S. RIGS UP 15 

U.S. OIL WELLS UNCHANGED 

U.S. RIGS UP 2 

U.S. DEFICIT UP TO $40.7 BLN

 

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

Chronicle:

U.S. RIGS UP 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 UP 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 UP 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 UP 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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