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2016-02-07 16:45:00

U.S. RIGS DOWN 48

U.S. RIGS DOWN 48

U.S. Rig Count is down 48 rigs from last week to 571, with oil rigs down 31 to 467, and gas rigs down 17 to 104. 

U.S. Rig Count is down 885 rigs from last year at 1,456, with oil rigs down 673, gas rigs down 210, and miscellaneous rigs down 2. 

The U.S. Offshore rig count is 26, down 2 from last week, and down 24 rigs year over year. 

Canadian Rig Count is up 11 rigs from last week to 242, with oil rigs up 5 to 131, and gas rigs up 6 to 111. 

Canadian Rig Count is down 139 rigs from last year at 381, with oil rigs down 53, and gas rigs down 86.

 

      Week   Year
Location Week +/- Ago +/- Ago
           
Land 543 -47 590 -854 1397
Inland Waters 2 1 1 -7 9
Offshore 26 -2 28 -24 50
United States Total 571 -48 619 -885 1456
           
Gulf Of Mexico 26 -2 28 -22 48
Canada 242 11 231 -139 381
North America 813 -37 850 -1024 1837
           
U.S. Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 467 -31 498 -673 1140
Gas 104 -17 121 -210 314
Miscellaneous 0 0 0 -2 2
           
Directional 53 -5 58 -82 135
Horizontal 458 -29 487 -630 1088
Vertical 60 -14 74 -173 233
           
Canada Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 131 5 126 -53 184
Gas 111 6 105 -86 197
Miscellaneous 0 0 0 0 0
           
Major State Variances This Week +/- Last Week +/- Year Ago
           
Alaska 13 0 13 3 10
Arkansas 0 0 0 -12 12
California 7 0 7 -9 16
Colorado 22 0 22 -33 55
Kansas 9 0 9 -9 18
Louisiana 46 -5 51 -61 107
New Mexico 26 0 26 -52 78
North Dakota 42 -2 44 -90 132
Ohio 13 -1 14 -26 39
Oklahoma 80 -8 88 -96 176
Pennsylvania 19 -3 22 -35 54
Texas 262 -19 281 -392 654
Utah 1 -2 3 -11 12
West Virginia 12 0 12 -7 19
Wyoming 13 -2 15 -29 42
                       
Major Basin Variances This Week +/- Last Week +/- Year Ago
           
Ardmore Woodford 3 0 3 -3 6
Arkoma Woodford 5 -2 7 -2 7
Barnett 4 1 3 -15 19
Cana Woodford 37 -2 39 -6 43
DJ-Niobrara 21 0 21 -27 48
Eagle Ford 60 -4 64 -108 168
Fayetteville 0 0 0 -9 9
Granite Wash 8 -5 13 -31 39
Haynesville 15 -3 18 -28 43
Marcellus 31 -3 34 -40 71
Mississippian 10 -1 11 -43 53
Permian 180 -2 182 -237 417
Utica 13 -1 14 -28 41
Williston 42 -2 44 -95 137

 

bakerhughes.com 

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More: 

CUTTING JOBS & INVESTMENTS 

U.S. GDP UP 0.7% 

U.S. OIL & GAS SHOCK 

U.S. OIL DEMAND: 19.7 MBD 

U.S. RIGS DOWN 18

 

 

 

Tags: USA, CANADA, OIL, GAS, RIGS

Chronicle:

U.S. RIGS DOWN 48
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 48
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 48
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 48
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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