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2016-03-08 13:20:00

U.S. RIGS DOWN 46

U.S. RIGS DOWN 46

U.S. Rig Count is down 13 rigs from last week to 489, with oil rigs down 8 to 392, and gas rigs down 5 to 97.

U.S. Rig Count is down 703 rigs from last year at 1,192, with oil rigs down 530, gas rigs down 171, and miscellaneous rigs down 2.

The U.S. Offshore rig count is 24, down 3 rigs from last week, and down 27 rigs year over year.

Canadian Rig Count is down 46 rigs from last week to 129, with oil rigs down 33 to 50, and gas rigs down 13 to 79.

Canadian Rig Count is down 171 rigs from last year at 300, with oil rigs down 100, and gas rigs down 71.

 

      Week   Year
Location Week +/- Ago +/- Ago
           
Land 463 -10 473 -670 1133
Inland Waters 2 0 2 -6 8
Offshore 24 -3 27 -27 51
United States Total 489 -13 502 -703 1192
           
Gulf Of Mexico 24 -3 27 -25 49
Canada 129 -46 175 -171 300
North America 618 -59 677 -874 1492
           
U.S. Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 392 -8 400 -530 922
Gas 97 -5 102 -171 268
Miscellaneous 0 0 0 -2 2
           
Directional 42 -5 47 -78 120
Horizontal 389 -8 397 -506 895
Vertical 58 0 58 -119 177
           
Canada Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 50 -33 83 -100 150
Gas 79 -13 92 -71 150
Miscellaneous 0 0 0 0 0
           
Major State Variances This Week +/- Last Week +/- Year Ago
           
Alaska 12 1 11 0 12
Arkansas 0 0 0 -11 11
California 6 0 6 -8 14
Colorado 17 -2 19 -22 39
Kansas 7 0 7 -8 15
Louisiana 46 -1 47 -54 100
New Mexico 17 -1 18 -44 61
North Dakota 33 -3 36 -72 105
Ohio 12 0 12 -23 35
Oklahoma 70 -3 73 -69 139
Pennsylvania 16 0 16 -31 47
Texas 227 -4 231 -311 538
Utah 0 0 0 -9 9
West Virginia 12 -1 13 -5 17
Wyoming 9 0 9 -23 32
                       
Major Basin Variances This Week +/- Last Week +/- Year Ago
           
Ardmore Woodford 2 0 2 -4 6
Arkoma Woodford 4 0 4 -1 5
Barnett 4 0 4 -5 9
Cana Woodford 37 1 36 0 37
DJ-Niobrara 15 -1 16 -19 34
Eagle Ford 46 -1 47 -103 149
Fayetteville 0 0 0 -9 9
Granite Wash 10 1 9 -22 32
Haynesville 15 1 14 -23 38
Marcellus 28 -1 29 -34 62
Mississippian 7 -1 8 -37 44
Permian 158 -6 164 -175 333
Utica 12 0 12 -25 37
Williston 33 -3 36 -75 108

 

bakerhughes.com

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More: 

U.S. LNG UP 

U.S. RIGS DOWN 12 

TOUGH OIL TIMES 

U.S. OIL HELL 

U.S. INVESTMENT DOWN 35%

 

 

 

 

 

Tags: USA, CANADA, OIL, GAS, RIGS

Chronicle:

U.S. RIGS DOWN 46
2018, June, 22, 13:10:00

THE LARGEST VENEZUELA'S OIL

U.S. EIA - Venezuela holds the largest oil reserves in the world, in large part because of the heavy oil reserves in the Orinoco Oil Basin. In addition to oil reserves, Venezuela has sizeable natural gas reserves, although the development of natural gas lags significantly behind that of oil. However, in the wake of political and economic instability in the country, crude oil production has dramatically decreased, reaching a multi-decades low in mid-2018.

U.S. RIGS DOWN 46
2018, June, 22, 13:05:00

U.S. DEFICIT UP FROM $116.1 BLN TO $124.1 BLN

U.S. BEA - The U.S. current-account deficit increased to $124.1 billion (preliminary) in the first quarter of 2018 from $116.1 billion (revised) in the fourth quarter of 2017, according to statistics released by the Bureau of Economic Analysis (BEA). The deficit was 2.5 percent of current-dollar gross domestic product (GDP) in the first quarter, up from 2.4 percent in the fourth quarter.

U.S. RIGS DOWN 46
2018, June, 22, 13:00:00

EUROPE'S NUCLEAR INVESTMENT : €50 BLN

WNN - There are 126 operational power reactors in 14 EU Member States, providing more than one-quarter of the bloc's total electricity production. In its Communication on the Nuclear Illustrative Program (PINC) published last year, the European Commission expects nuclear to maintain its significant role in Europe's energy mix up to 2050. This would require investment of some EUR40-50 billion (USD46-58 billion) in nuclear LTO by 2050.

U.S. RIGS DOWN 46
2018, June, 20, 13:15:00

OIL PRICE: ABOVE $75

REUTERS - Benchmark Brent crude LCOc1 was up 50 cents at $75.58 a barrel by 0835 GMT. U.S. light crude CLc1 was 50 cents higher at $65.57.

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