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2016-10-10 18:30:00

U.S. RIGS UP 2

U.S. RIGS UP 2

Baker Hughes Incorporated wrote, 

U.S. Rig Count is up 2 rigs from last week to 524, with oil rigs up 3 to 428, gas rigs down 2 to 94, and miscellaneous rigs up 1 to 2. 

U.S. Rig Count is down 271 rigs from last year's count of 795, with oil rigs down 177, gas rigs down 95, and miscellaneous rigs up 1. 

The U.S. Offshore Rig Count is 23, up 1 rig from last week, and down 9 rigs year over year. 

Canadian Rig Count is up 3 rigs from last week to 165, with oil rigs up 3 to 87, and gas rigs unchanged at 78. 

Canadian Rig Count is down 15 rigs from last year's count of 180, with oil rigs up 13, and gas rigs down 28.

 

      Week   Year
Location Week +/- Ago +/- Ago
           
Land 500 3 497 -260 760
Inland Waters 1 -2 3 -2 3
Offshore 23 1 22 -9 32
United States Total 524 2 522 -271 795
           
Gulf Of Mexico 22 1 21 -9 31
Canada 165 3 162 -15 180
North America 689 5 684 -286 975
           
U.S. Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 428 3 425 -177 605
Gas 94 -2 96 -95 189
Miscellaneous 2 1 1 1 1
           
Directional 50 -1 51 -33 83
Horizontal 413 6 407 -185 598
Vertical 61 -3 64 -53 114
           
Canada Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 87 3 84 13 74
Gas 78 0 78 -28 106
           
Major State Variances This Week +/- Last Week +/- Year Ago
           
Alaska 8 1 7 -3 11
Arkansas 1 0 1 -3 4
California 6 0 6 -7 13
Colorado 19 -1 20 -12 31
Kansas 0 0 0 -9 9
Louisiana 42 1 41 -23 65
New Mexico 29 -1 30 -17 46
North Dakota 30 0 30 -34 64
Ohio 14 0 14 -5 19
Oklahoma 70 2 68 -21 91
Pennsylvania 24 1 23 -5 29
Texas 247 2 245 -106 353
Utah 4 -1 5 -1 5
West Virginia 9 -1 10 -9 18
Wyoming 13 0 13 -11 24
                       
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 2 1 -3 6
Cana Woodford 35 0 35 -2 37
DJ-Niobrara 16 -1 17 -11 27
Eagle Ford 35 -1 36 -45 80
Fayetteville 1 0 1 -3 4
Granite Wash 10 0 10 -1 11
Haynesville 14 1 13 -10 24
Marcellus 32 0 32 -14 46
Mississippian 3 0 3 -10 13
Permian 203 -1 204 -32 235
Utica 15 0 15 -5 20
Williston 30 0 30 -35 65

 

 

-----

Earlier: 

U.S.: 

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 

U.S. LNG FOR EUROPE-3 

U.S. OIL & GAS BENEFIT 

U.S. JOBS DOWN 142,000 

 

CANADA: 

MALAYSIAN - CANADIAN LNG: $27 BLN 

SUNCOR WANTS TO CUT 

ENBRIGE & SPECTRA: $127 BLN 

TRANSCANADA NET INCOME $365 MLN 

SUNCOR NET LOSS $735 MLN 

CANADIAN DOLLAR DOWN

 

 

 

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

Chronicle:

U.S. RIGS UP 2
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 2
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 2
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 2
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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