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2016-04-24 12:20:00

U.S. RIGS DOWN 9

U.S. RIGS DOWN 9

U.S. Rig Count is down 9 rigs from last week to 431, with oil rigs down 8 to 343, and gas rigs down 1 to 88.

U.S. Rig Count is down 501 rigs from last year at 932, with oil rigs down 360, gas rigs down 137, and miscellaneous rigs down 4.

The U.S. Offshore rig count is 26, down 2 from last week, and down 8 rigs year over year.

Canadian Rig Count remains unchanged at 40, with oil rigs up 2 to 12, and gas rigs down 3 to 27.

Canadian Rig Count is down 39 rigs from last year at 79, with oil rigs down 4, gas rigs down 36 and miscellaneous rigs up 1.

 

      Week   Year
Location Week +/- Ago +/- Ago
           
Land 401 -8 409 -494 895
Inland Waters 4 1 3 1 3
Offshore 26 -2 28 -8 34
United States Total 431 -9 440 -501 932
           
Gulf Of Mexico 25 -2 27 -8 33
Canada 40 0 40 -39 79
North America 471 -9 480 -540 1011
           
U.S. Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 343 -8 351 -360 703
Gas 88 -1 89 -137 225
Miscellaneous 0 0 0 -4 4
           
Directional 48 -3 51 -43 91
Horizontal 332 -3 335 -388 720
Vertical 51 -3 54 -70 121
           
Canada Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 12 2 10 -4 16
Gas 27 -3 30 -36 63
Miscellaneous 0 0 0 0 0
Miscellaneous 1 1 0 1 0
           
Major State Variances This Week +/- Last Week +/- Year Ago
           
Alaska 7 0 7 -4 11
Arkansas 0 0 0 -9 9
California 4 0 4 -10 14
Colorado 17 0 17 -20 37
Kansas 6 0 6 -6 12
Louisiana 47 -1 48 -27 74
New Mexico 19 0 19 -29 48
North Dakota 26 0 26 -52 78
Ohio 11 -1 12 -14 25
Oklahoma 63 0 63 -52 115
Pennsylvania 16 0 16 -33 49
Texas 187 -7 194 -206 393
Utah 2 0 2 -5 7
West Virginia 12 0 12 -9 21
Wyoming 8 0 8 -15 23
                       
Major Basin Variances This Week +/- Last Week +/- Year Ago
           
Ardmore Woodford 2 0 2 -4 6
Arkoma Woodford 3 0 3 -3 6
Barnett 5 0 5 -1 6
Cana Woodford 29 -1 30 -12 41
DJ-Niobrara 15 0 15 -14 29
Eagle Ford 40 -2 42 -75 115
Fayetteville 0 0 0 -8 8
Granite Wash 4 0 4 -14 18
Haynesville 12 0 12 -17 29
Marcellus 28 0 28 -41 69
Mississippian 4 0 4 -25 29
Permian 136 -5 141 -110 246
Utica 11 -1 12 -15 26
Williston 26 0 26 -53 79

 

bakerhughes.com

-----

More: 

U.S. OIL PRODUCTION DOWN 

U.S. LOSSES $67 BLN 

U.S. PRODUCTION DOWN 

U.S. RIGS DOWN 3 

POORLY CONCEIVED U.S. 

U.S. GOOD PRICE - 2 

U.S. DEFICIT UP 13.1%

 

 

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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