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2016-03-12 11:25:00

U.S. RIGS DOWN 9

U.S. RIGS DOWN 9

U.S. Rig Count is down 9 rigs from last week to 480, with oil rigs down 6 to 386, and gas rigs down 3 to 94.

U.S. Rig Count is down 645 rigs from last year at 1,125, with oil rigs down 480, gas rigs down 163, and miscellaneous rigs down 2.

The U.S. Offshore rig count is 27, up 3 rigs from last week, and down 21 rigs year over year.

Canadian Rig Count is down 31 rigs from last week to 98, with oil rigs down 22 to 28, and gas rigs down 9 to 70.

Canadian Rig Count is down 122 rigs from last year at 220, with oil rigs down 57, and gas rigs down 65.

 

      Week   Year
Location Week +/- Ago +/- Ago
           
Land 450 -13 463 -619 1069
Inland Waters 3 1 2 -5 8
Offshore 27 3 24 -21 48
United States Total 480 -9 489 -645 1125
           
Gulf Of Mexico 26 2 24 -20 46
Canada 98 -31 129 -122 220
North America 578 -40 618 -767 1345
           
U.S. Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 386 -6 392 -480 866
Gas 94 -3 97 -163 257
Miscellaneous 0 0 0 -2 2
           
Directional 50 8 42 -60 110
Horizontal 375 -14 389 -474 849
Vertical 55 -3 58 -111 166
           
Canada Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 28 -22 50 -57 85
Gas 70 -9 79 -65 135
Miscellaneous 0 0 0 0 0
           
Major State Variances This Week +/- Last Week +/- Year Ago
           
Alaska 12 0 12 1 11
Arkansas 0 0 0 -11 11
California 7 1 6 -7 14
Colorado 17 0 17 -20 37
Kansas 9 2 7 -5 14
Louisiana 49 3 46 -44 93
New Mexico 15 -2 17 -43 58
North Dakota 32 -1 33 -69 101
Ohio 11 -1 12 -20 31
Oklahoma 67 -3 70 -67 134
Pennsylvania 19 3 16 -28 47
Texas 215 -12 227 -286 501
Utah 1 1 0 -7 8
West Virginia 12 0 12 -6 18
Wyoming 9 0 9 -20 29
                       
Major Basin Variances This Week +/- Last Week +/- Year Ago
           
Ardmore Woodford 2 0 2 -3 5
Arkoma Woodford 4 0 4 -1 5
Barnett 4 0 4 -3 7
Cana Woodford 37 0 37 -3 40
DJ-Niobrara 15 0 15 -17 32
Eagle Ford 43 -3 46 -103 146
Fayetteville 0 0 0 -9 9
Granite Wash 8 -2 10 -18 26
Haynesville 15 0 15 -19 34
Marcellus 31 3 28 -32 63
Mississippian 8 1 7 -34 42
Permian 152 -6 158 -159 311
Utica 11 -1 12 -22 33
Williston 32 -1 33 -72 104

 

bakerhughes.com

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More: 

U.S. OIL PRODUCTION DOWN 

U.S. RIGS DOWN 46 

U.S. OIL HELL 

CANADA WILL LOSE 

SUNCOR NET LOSS $2 BLN 

CANADIAN OIL INVESTMENTS DOWN

 

Tags: USA, CANADA, OIL, GAS, RIGS

Chronicle:

U.S. RIGS DOWN 9
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 9
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 9
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 9
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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