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2016-12-20 18:30:00

U.S. RIGS UP 13

U.S. RIGS UP 13

BAKER HUGHES wrote, 

U.S. Rig Count is up 13 rigs from last week to 637, with oil rigs up 12 to 510, gas rigs up 1 to 126, and miscellaneous rigs unchanged at 1.

U.S. Rig Count is down 72 rigs from last year's count of 709, with oil rigs down 31, gas rigs down 42, and miscellaneous rigs up 1.
The U.S. Offshore Rig Count is unchanged from last week at 22 and down 2 rigs year over year.

Canadian Rig Count is up 4 rigs from last week to 234, with oil rigs down 1 to 116, gas rigs up 4 to 116, and miscellaneous rigs up 1 to 2.
Canadian Rig Count is up 72 rigs from last year's count of 162, with oil rigs up 45, gas rigs up 25, and miscellaneous rigs up 2.

      Week   Year
Location Week +/- Ago +/- Ago
           
Land 614 13 601 -70 684
Inland Waters 1 0 1 0 1
Offshore 22 0 22 -2 24
United States Total 637 13 624 -72 709
           
Gulf Of Mexico 22 0 22 -2 24
Canada 234 4 230 72 162
North America 871 17 854 0 871
           
U.S. Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 510 12 498 -31 541
Gas 126 1 125 -42 168
Miscellaneous 1 0 1 1 0
           
Directional 54 3 51 -9 63
Horizontal 512 9 503 -47 559
Vertical 71 1 70 -16 87
           
Canada Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 116 -1 117 45 71
Gas 116 4 112 25 91
Miscellaneous 2 1 1 2 0
           
Major State Variances This Week +/- Last Week +/- Year Ago
           
Alaska 6 0 6 -6 12
Arkansas 2 0 2 -1 3
California 6 0 6 -3 9
Colorado 27 1 26 2 25
Kansas 1 0 1 -10 11
Louisiana 47 0 47 -11 58
New Mexico 32 2 30 -5 37
North Dakota 31 -1 32 -27 58
Ohio 18 0 18 3 15
Oklahoma 78 -2 80 -8 86
Pennsylvania 31 0 31 5 26
Texas 317 14 303 -3 320
Utah 4 0 4 1 3
West Virginia 10 0 10 -6 16
Wyoming 18 -2 20 -2 20
                       
Major Basin Variances This Week +/- Last Week +/- Year Ago
           
Ardmore Woodford 0 0 0 -2 2
Arkoma Woodford 4 -1 5 -4 8
Barnett 3 0 3 -5 8
Cana Woodford 34 -3 37 -4 38
DJ-Niobrara 24 0 24 0 24
Eagle Ford 44 1 43 -33 77
Fayetteville 1 0 1 -2 3
Granite Wash 14 1 13 0 14
Haynesville 27 1 26 1 26
Marcellus 40 0 40 -1 41
Mississippian 3 -1 4 -8 11
Permian 258 12 246 52 206
Utica 19 0 19 3 16
Williston 31 -1 32 -27 58

-----

Earlier: 

U.S. DEFICIT: $113 BLN 

U.S. OIL GAS PRODUCTION DOWN 

U.S. RIGS UP 27 

U.S. DEFICIT: $42.6 BLN  

WORLDWIDE RIG COUNT DOWN 369 

 

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

Chronicle:

U.S. RIGS UP 13
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 13
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 13
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 13
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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