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2016-03-25 19:00:00

U.S. RIGS DOWN 12

U.S. RIGS DOWN 12

U.S. Rig Count is down 12 rigs from last week to 464, with oil rigs down 15 to 372, and gas rigs up 3 to 92.

U.S. Rig Count is down 584 rigs from last year at 1,048, with oil rigs down 441, gas rigs down 141, and miscellaneous rigs down 2.

The U.S. Offshore rig count is 28, up 1 from last week, and down 6 rigs year over year.

Canadian Rig Count is down 14 rigs from last week to 55, with oil rigs down 1 to 11, and gas rigs down 13 to 44.

Canadian Rig Count is down 65 rigs from last year at 120, with oil rigs down 7, and gas rigs down 58.

      Week   Year
Location Week +/- Ago +/- Ago
           
Land 432 -14 446 -578 1010
Inland Waters 4 1 3 0 4
Offshore 28 1 27 -6 34
United States Total 464 -12 476 -584 1048
           
Gulf Of Mexico 27 1 26 -6 33
Canada 55 -14 69 -65 120
North America 519 -26 545 -649 1168
           
U.S. Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 372 -15 387 -441 813
Gas 92 3 89 -141 233
Miscellaneous 0 0 0 -2 2
           
Directional 52 3 49 -40 92
Horizontal 359 -10 369 -453 812
Vertical 53 -5 58 -91 144
           
Canada Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 11 -1 12 -7 18
Gas 44 -13 57 -58 102
Miscellaneous 0 0 0 0 0
           
Major State Variances This Week +/- Last Week +/- Year Ago
           
Alaska 10 -2 12 -2 12
Arkansas 0 0 0 -9 9
California 7 0 7 -6 13
Colorado 17 0 17 -20 37
Kansas 7 -1 8 -6 13
Louisiana 51 2 49 -21 72
New Mexico 14 1 13 -37 51
North Dakota 31 0 31 -65 96
Ohio 10 0 10 -18 28
Oklahoma 63 -3 66 -70 133
Pennsylvania 18 -1 19 -33 51
Texas 209 -8 217 -253 462
Utah 1 0 1 -7 8
West Virginia 12 0 12 -9 21
Wyoming 9 0 9 -19 28
                       
Major Basin Variances This Week +/- Last Week +/- Year Ago
           
Ardmore Woodford 1 -1 2 -3 4
Arkoma Woodford 3 0 3 -3 6
Barnett 6 2 4 0 6
Cana Woodford 31 -3 34 -9 40
DJ-Niobrara 15 0 15 -15 30
Eagle Ford 41 -4 45 -96 137
Fayetteville 0 0 0 -7 7
Granite Wash 8 0 8 -16 24
Haynesville 14 0 14 -18 32
Marcellus 30 -1 31 -40 70
Mississippian 7 0 7 -36 43
Permian 147 -5 152 -143 290
Utica 10 0 10 -20 30
Williston 31 0 31 -66 97

 

bakerhughes.com

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Tags: USA, CANADA, OIL, GAS, RIGS

Chronicle:

U.S. RIGS DOWN 12
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 12
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 12
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 12
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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