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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

-----

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
November, 15, 15:25:00

OIL PRICE: ABOVE $61 AGAIN

REUTERS - Brent crude futures LCOc1 were down 72 cents at $61.49 per barrel at 1020 GMT, having fallen by 1.5 percent on Tuesday, its largest one-day drop in a month. U.S. West Texas Intermediate (WTI) crude CLc1 was at $55.12 per barrel, down 58 cents.

U.S. RIGS DOWN 9
November, 15, 15:20:00

IEA COOLS THE MARKET

BLOOMBERG - Prices dropped during the session as the International Energy Agency said the recent recovery in oil prices, coupled with milder-than-normal winter weather, is slowing demand growth. The worsening outlook for consumption dampened some of the enthusiasm that OPEC and its allies will extend supply curbs.

U.S. RIGS DOWN 9
November, 15, 15:15:00

IEA: GLOBAL ENERGY DEMAND UP BY 30%

Global energy needs rise more slowly than in the past but still expand by 30% between today and 2040. This is the equivalent of adding another China and India to today’s global demand.

U.S. RIGS DOWN 9
November, 15, 15:10:00

RUSSIA'S OIL EXPORTS UP

Product exports have grown significantly over the past several years and are expected to continue to grow as Russian refineries add capacity to produce more high-quality products.

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