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2016-05-09 19:10:00

U.S. RIGS DOWN 5

U.S. RIGS DOWN 5

U.S. Rig Count is down 5 rigs from last week to 415, with oil rigs down 4 to 328, gas rigs down 1 to 86, and miscellaneous rigs unchanged at 1.

U.S. Rig Count is down 479 rigs from last year at 894, with oil rigs down 340, gas rigs down 135, and miscellaneous rigs down 4.

The U.S. Offshore rig count is 24, down 1 from last week, and down 10 rigs year over year.

Canadian Rig Count is down 1 rig from last week to 36, with oil rigs up 1 to 11, gas rigs down 2 to 24, and miscellaneous rigs unchanged at 1.

Canadian Rig Count is down 39 rigs from last year at 75, with oil rigs down 5, gas rigs down 35, and miscellaneous rigs up 1.

 

      Week   Year
Location Week +/- Ago +/- Ago
           
Land 388 -3 391 -470 858
Inland Waters 3 -1 4 1 2
Offshore 24 -1 25 -10 34
United States Total 415 -5 420 -479 894
           
Gulf Of Mexico 23 -1 24 -10 33
Canada 36 -1 37 -39 75
North America 451 -6 457 -518 969
           
U.S. Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 328 -4 332 -340 668
Gas 86 -1 87 -135 221
Miscellaneous 1 0 1 -4 5
           
Directional 44 -2 46 -44 88
Horizontal 318 -6 324 -374 692
Vertical 53 3 50 -61 114
           
Canada Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 11 1 10 -5 16
Gas 24 -2 26 -35 59
Miscellaneous 1 0 1 1 0
           
Major State Variances This Week +/- Last Week +/- Year Ago
           
Alaska 6 -1 7 -4 10
Arkansas 0 0 0 -7 7
California 4 0 4 -9 13
Colorado 15 -1 16 -24 39
Kansas 4 0 4 -6 10
Louisiana 43 -2 45 -27 70
New Mexico 16 0 16 -28 44
North Dakota 25 -1 26 -55 80
Ohio 10 -1 11 -14 24
Oklahoma 57 -3 60 -45 102
Pennsylvania 16 0 16 -31 47
Texas 188 3 185 -191 379
Utah 3 1 2 -3 6
West Virginia 10 0 10 -10 20
Wyoming 8 0 8 -16 24
                       
Major Basin Variances This Week +/- Last Week +/- Year Ago
           
Ardmore Woodford 2 0 2 -4 6
Arkoma Woodford 2 0 2 -4 6
Barnett 6 0 6 1 5
Cana Woodford 27 0 27 -8 35
DJ-Niobrara 13 -1 14 -17 30
Eagle Ford 34 -3 37 -71 105
Fayetteville 0 0 0 -6 6
Granite Wash 4 1 3 -12 16
Haynesville 12 0 12 -15 27
Marcellus 26 0 26 -40 66
Mississippian 6 2 4 -17 23
Permian 139 5 134 -98 237
Utica 10 -1 11 -15 25
Williston 25 -1 26 -55 80

 

bakerhughes.com

-----

Earlier: 

U.S. BANKRUPTCY UP 

U.S. OIL INVENTORIES UP 2.8 MBL  

U.S. RIGS DOWN 11 

U.S. OIL PRODUCTION DOWN 

U.S. LOSSES $67 BLN

 

 

Tags: USA, CANADA, OIL, GAS, RIGS

Chronicle:

U.S. RIGS DOWN 5
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 5
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 5
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 5
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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