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2016-12-26 18:30:00

U.S. RIGS UP 16

U.S. RIGS UP 16

BAKER HUGHES wrote, 

U.S. Rig Count is up 16 rigs from last week to 653, with oil rigs up 13 to 523, gas rigs up 3 to 129, and miscellaneous rigs unchanged at 1.

U.S. Rig Count is down 47 rigs from last year's count of 700, with oil rigs down 15, gas rigs down 33, and miscellaneous rigs up 1.

The U.S. Offshore Rig Count is up 3 rigs from last week at 25 and up 1 rig year over year.

Canadian Rig Count is down 10 rigs from last week to 224, with oil rigs down 10 to 106, gas rigs down 3 to 113, and miscellaneous rigs up 3 to 5.

Canadian Rig Count is up 98 rigs from last year's count of 126, with oil rigs up 62, gas rigs up 31, and miscellaneous rigs up 5.

      Week   Year
Location Week +/- Ago +/- Ago
           
Land 627 13 614 -48 675
Inland Waters 1 0 1 0 1
Offshore 25 3 22 1 24
United States Total 653 16 637 -47 700
           
Gulf Of Mexico 24 2 22 0 24
Canada 224 -10 234 98 126
North America 877 6 871 51 826
           
U.S. Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 523 13 510 -15 538
Gas 129 3 126 -33 162
Miscellaneous 1 0 1 1 0
           
Directional 58 4 54 -2 60
Horizontal 526 14 512 -28 554
Vertical 69 -2 71 -17 86
           
Canada Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 106 -10 116 62 44
Gas 113 -3 116 31 82
Miscellaneous 5 3 2 5 0
           
Major State Variances This Week +/- Last Week +/- Year Ago
           
Alaska 9 3 6 -2 11
Arkansas 1 -1 2 0 1
California 6 0 6 -3 9
Colorado 28 1 27 4 24
Kansas 1 0 1 -11 12
Louisiana 48 1 47 -8 56
New Mexico 33 1 32 -5 38
North Dakota 32 1 31 -23 55
Ohio 19 1 18 4 15
Oklahoma 84 6 78 -4 88
Pennsylvania 32 1 31 6 26
Texas 321 4 317 2 319
Utah 4 0 4 1 3
West Virginia 8 -2 10 -8 16
Wyoming 19 1 18 2 17
                       
Major Basin Variances This Week +/- Last Week +/- Year Ago
           
Ardmore Woodford 1 1 0 -1 2
Arkoma Woodford 4 0 4 -4 8
Barnett 3 0 3 -5 8
Cana Woodford 36 2 34 -3 39
DJ-Niobrara 25 1 24 2 23
Eagle Ford 44 0 44 -33 77
Fayetteville 1 0 1 0 1
Granite Wash 14 0 14 -1 15
Haynesville 27 0 27 3 24
Marcellus 39 -1 40 -2 41
Mississippian 3 0 3 -9 12
Permian 262 4 258 50 212
Utica 20 1 19 4 16
Williston 32 1 31 -23 55

-----

Earlier: 

U.S. RIGS UP 13 

U.S. DEFICIT: $113 BLN  

U.S. OIL GAS PRODUCTION DOWN  

U.S. RIGS UP 27  

U.S. DEFICIT: $42.6 BLN  

 

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

Chronicle:

U.S. RIGS UP 16
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 16
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 16
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 16
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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