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2016-11-14 18:30:00

U.S. RIGS DOWN 1

U.S. RIGS DOWN 1

BAKER HUGHES wrote, 

U.S. Rig Count is down 1 rig from last week to 568, with oil rigs up 2 to 452, gas rigs down 2 to 115, and miscellaneous rigs down 1 to 1.

U.S. Rig Count is down 199 rigs from last year's count of 767, with oil rigs down 122, gas rigs down 78, and miscellaneous rigs up 1.

The U.S. Offshore Rig Count is unchanged from last week at 21 and down 12 rigs year over year.

Canadian Rig Count is up 22 rigs from last week to 176, with oil rigs up 13 to 89, gas rigs up 10 to 87, and miscellaneous rigs down 1 to 0.

Canadian Rig Count is unchanged from last year's count of 176, with oil rigs up 21 and gas rigs down 21.

      Week   Year
Location Week +/- Ago +/- Ago
           
Land 546 0 546 -185 731
Inland Waters 1 -1 2 -2 3
Offshore 21 0 21 -12 33
United States Total 568 -1 569 -199 767
           
Gulf Of Mexico 21 0 21 -12 33
Canada 176 22 154 0 176
North America 744 21 723 -199 943
           
U.S. Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 452 2 450 -122 574
Gas 115 -2 117 -78 193
Miscellaneous 1 -1 2 1 0
           
Directional 52 0 52 -20 72
Horizontal 457 -2 459 -130 587
Vertical 59 1 58 -49 108
           
Canada Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 89 13 76 21 68
Gas 87 10 77 -21 108
Miscellaneous 0 -1 1 0 0
           
Major State Variances This Week +/- Last Week +/- Year Ago
           
Alaska 7 -2 9 -6 13
Arkansas 1 0 1 -3 4
California 6 0 6 -4 10
Colorado 18 0 18 -14 32
Kansas 0 0 0 -10 10
Louisiana 48 0 48 -21 69
New Mexico 31 -1 32 -7 38
North Dakota 35 -2 37 -27 62
Ohio 15 1 14 -5 20
Oklahoma 75 -1 76 -10 85
Pennsylvania 26 -1 27 -2 28
Texas 268 6 262 -70 338
Utah 4 -1 5 -1 5
West Virginia 10 0 10 -6 16
Wyoming 17 0 17 -7 24
                       
Major Basin Variances This Week +/- Last Week +/- Year Ago
           
Ardmore Woodford 0 0 0 -2 2
Arkoma Woodford 5 0 5 -5 10
Barnett 3 0 3 -3 6
Cana Woodford 40 -1 41 8 32
DJ-Niobrara 16 0 16 -12 28
Eagle Ford 38 3 35 -35 73
Fayetteville 1 0 1 -3 4
Granite Wash 10 0 10 -3 13
Haynesville 21 0 21 -6 27
Marcellus 35 -1 36 -8 43
Mississippian 2 0 2 -10 12
Permian 218 0 218 -11 229
Utica 16 1 15 -5 21
Williston 35 -2 37 -28 63

  

-----

Earlier: 

U.S. NEEDS ENERGY 

U.S. DEFICIT $36.4 BLN 

U.S. RIGS UP 12

U.S. OIL WILL DOWN 800 TBD 

U.S. RIGS UP 4 

 

 

 

 

 

 

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

Chronicle:

U.S. RIGS DOWN 1
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 DOWN 1
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 DOWN 1
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 DOWN 1
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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