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2016-04-03 15:45:00

U.S. RIGS DOWN 14

U.S. RIGS DOWN 14

U.S. Rig Count is down 14 rigs from last week to 450, with oil rigs down 10 to 362, and gas rigs down 4 to 88.

U.S. Rig Count is down 578 rigs from last year at 1,028, with oil rigs down 440, gas rigs down 134, and miscellaneous rigs down 4.

The U.S. Offshore rig count is 26, down 2 from last week, and down 5 rigs year over year.

Canadian Rig Count is down 6 rigs from last week to 49, with oil rigs unchanged at 11, and gas rigs down 6 to 38.

Canadian Rig Count is down 51 rigs from last year at 100, with oil rigs down 9, and gas rigs down 42.

 

      Week   Year
Location Week +/- Ago +/- Ago
           
Land 420 -12 432 -573 993
Inland Waters 4 0 4 0 4
Offshore 26 -2 28 -5 31
United States Total 450 -14 464 -578 1028
           
Gulf Of Mexico 24 -3 27 -5 29
Canada 49 -6 55 -51 100
North America 499 -20 519 -629 1128
           
U.S. Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 362 -10 372 -440 802
Gas 88 -4 92 -134 222
Miscellaneous 0 0 0 -4 4
           
Directional 49 -3 52 -44 93
Horizontal 346 -13 359 -453 799
Vertical 55 2 53 -81 136
           
Canada Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 11 0 11 -9 20
Gas 38 -6 44 -42 80
Miscellaneous 0 0 0 0 0
           
Major State Variances This Week +/- Last Week +/- Year Ago
           
Alaska 9 -1 10 -4 13
Arkansas 0 0 0 -8 8
California 5 -2 7 -10 15
Colorado 17 0 17 -20 37
Kansas 6 -1 7 -6 12
Louisiana 47 -4 51 -20 67
New Mexico 16 2 14 -35 51
North Dakota 29 -2 31 -61 90
Ohio 10 0 10 -17 27
Oklahoma 61 -2 63 -68 129
Pennsylvania 17 -1 18 -33 50
Texas 204 -5 209 -252 456
Utah 2 1 1 -6 8
West Virginia 12 0 12 -10 22
Wyoming 9 0 9 -19 28
                       
Major Basin Variances This Week +/- Last Week +/- Year Ago
           
Ardmore Woodford 2 1 1 -6 8
Arkoma Woodford 4 1 3 -2 6
Barnett 6 0 6 0 6
Cana Woodford 30 -1 31 -10 40
DJ-Niobrara 15 0 15 -15 30
Eagle Ford 42 1 41 -95 137
Fayetteville 0 0 0 -6 6
Granite Wash 4 -4 8 -19 23
Haynesville 14 0 14 -15 29
Marcellus 29 -1 30 -41 70
Mississippian 5 -2 7 -35 40
Permian 145 -2 147 -140 285
Utica 10 0 10 -19 29
Williston 29 -2 31 -62 91

 

bakerhughes.com

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More: 

U.S. DECLINE COSTS 

U.S. OIL PRODUCTION UP 

U.S. RIGS DOWN 12 

U.S. WANT YOUR MONEY 

2015: U.S. DEFICIT UP 

U.S. GAS PRICES UP 

THE LOWEST U.S. RIGS

 

 

 

Tags: USA, CANADA, OIL, GAS, RIGS

Chronicle:

U.S. RIGS DOWN 14
October, 16, 11:50:00

SAUDI ARAMCO IPO

Saudi Arabia is considering delaying the international portion of the giant initial public offering of its state oil company until at least 2019, according to people familiar with the situation, who said a domestic share sale in Riyadh could still happen next year.

U.S. RIGS DOWN 14
October, 16, 11:45:00

SAUDI'S BANKS ARE BETTER

But we expect a rise in the sector's NPL ratio and muted credit demand in the second half of 2017 and 2018, reflecting the slowing economy. GDP growth slowed to 1.4% in 2016 from 3.4% in 2015 and we expect it to be below 1% in 2017 and 2018.

U.S. RIGS DOWN 14
October, 16, 11:40:00

OPEC EXPECTATION

The Organization of Petroleum Exporting Countries and allies including Russia have been cutting oil production this year to bring fuel inventories in industrialized nations back in line with the five-year average.

U.S. RIGS DOWN 14
October, 16, 11:35:00

JAPAN LNG INVESTMENT

The Japanese government will offer $10 billion to support firms bidding to build liquefied natural gas (LNG) infrastructure around Asia, the Nikkei business daily said on Monday.

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