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2016-02-20 20:25:00

U.S. RIGS DOWN 27

U.S. RIGS DOWN 27

U.S. Rig Count is down 27 rigs from last week to 514, with oil rigs down 26 to 413, and gas rigs down 1 to 101.

U.S. Rig Count is down 796 rigs from last year at 1,310, with oil rigs down 606, gas rigs down 188, and miscellaneous rigs down 2.

The U.S. Offshore rig count is 25, unchanged from last week, and down 29 rigs year over year.

Canadian Rig Count is down 16 rigs from last week to 206, with oil rigs down 9 to 109, and gas rigs down 7 to 97.

Canadian Rig Count is down 154 rigs from last year at 360, with oil rigs down 75, and gas rigs down 79.

bakerhughes.com

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More: 

U.S. INVESTMENT DOWN 35% 

U.S. RIGS DOWN 30 

MUST TO CUT $24 BLN 

U.S. STOCKS DOWN 

U.S. DEFICIT UP TO $43.4 BLN

 

Tags: USA, OIL, GAS, RIG

Chronicle:

U.S. RIGS DOWN 27
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 27
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 27
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 27
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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