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2016-10-18 18:30:00

U.S. RIGS UP 15

U.S. RIGS UP 15

Baker Hughes Incorporated wrote, 

U.S. Rig Count is up 15 rigs from last week to 539, with oil rigs up 4 to 432, gas rigs up 11 to 105, and miscellaneous rigs unchanged at 2.

U.S. Rig Count is down 248 rigs from last year's count of 787, with oil rigs down 163, gas rigs down 87, and miscellaneous rigs up 2.

The U.S. Offshore Rig Count is unchanged from last week at 23, and down 10 rigs year over year.

Canadian Rig Count is unchanged from last week at 165, with oil rigs up 3 to 90, and gas rigs down 3 to 75.

Canadian Rig Count is down 16 rigs from last year's count of 181, with oil rigs up 14, and gas rigs down 30.

 

      Week   Year
Location Week +/- Ago +/- Ago
           
Land 513 13 500 -238 751
Inland Waters 3 2 1 0 3
Offshore 23 0 23 -10 33
United States Total 539 15 524 -248 787
           
Gulf Of Mexico 22 0 22 -10 32
Canada 165 0 165 -16 181
North America 704 15 689 -264 968
           
U.S. Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 432 4 428 -163 595
Gas 105 11 94 -87 192
Miscellaneous 2 0 2 2 0
           
Directional 51 1 50 -35 86
Horizontal 431 18 413 -160 591
Vertical 57 -4 61 -53 110
           
Canada Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 90 3 87 14 76
Gas 75 -3 78 -30 105
           
Major State Variances This Week +/- Last Week +/- Year Ago
           
Alaska 9 1 8 -2 11
Arkansas 1 0 1 -3 4
California 6 0 6 -8 14
Colorado 21 2 19 -9 30
Kansas 0 0 0 -9 9
Louisiana 48 6 42 -20 68
New Mexico 32 3 29 -9 41
North Dakota 30 0 30 -33 63
Ohio 14 0 14 -5 19
Oklahoma 73 3 70 -16 89
Pennsylvania 25 1 24 -4 29
Texas 244 -3 247 -107 351
Utah 4 0 4 -1 5
West Virginia 10 1 9 -8 18
Wyoming 13 0 13 -13 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 4 35 3 36
DJ-Niobrara 18 2 16 -9 27
Eagle Ford 31 -4 35 -45 76
Fayetteville 1 0 1 -3 4
Granite Wash 10 0 10 -2 12
Haynesville 16 2 14 -8 24
Marcellus 34 2 32 -12 46
Mississippian 2 -1 3 -11 13
Permian 201 -2 203 -32 233
Utica 15 0 15 -5 20
Williston 30 0 30 -34 64

 -----

Earlier: 

U.S.: 

U.S. OIL WELLS UNCHANGED 

U.S. RIGS UP 2 

U.S. DEFICIT UP TO $40.7 BLN  

U.S. RIGS UP 11   

IMF BOUGHT UKRAINE FOR U.S.  

U.S. OIL & GAS PRODUCTION DOWN 

 

CANADA: 

WORLDWIDE RIG COUNT UP 37 

MALAYSIAN - CANADIAN LNG: $27 BLN  

SUNCOR WANTS TO CUT  

ENBRIGE & SPECTRA: $127 BLN  

TRANSCANADA NET INCOME $365 MLN  

SUNCOR NET LOSS $735 MLN  

 

 

 

Tags: U.S., USA, CANADA, OIL, GAS, RIG, COUNT

Chronicle:

U.S. RIGS UP 15
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 UP 15
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 UP 15
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 UP 15
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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