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2016-05-15 10:50:00

U.S. RIGS DOWN 9

U.S. RIGS DOWN 9

U.S. Rig Count is down 9 rigs from last week to 406, with oil rigs down 10 to 318, gas rigs up 1 to 87, and miscellaneous rigs unchanged at 1.

U.S. Rig Count is down 482 rigs from last year at 888, with oil rigs down 342, gas rigs down 136, and miscellaneous rigs down 4.

The U.S. Offshore rig count is 22, down 2 from last week, and down 12 rigs year over year.

Canadian Rig Count is up 7 rigs from last week to 43, with oil rigs up 5 to 16, gas rigs up 2 to 26, and miscellaneous rigs unchanged at 1.

Canadian Rig Count is down 34 rigs from last year at 77, with oil rigs down 5, gas rigs down 30, and miscellaneous rigs up 1.

 

      Week   Year
Location Week +/- Ago +/- Ago
           
Land 382 -6 388 -468 850
Inland Waters 2 -1 3 -2 4
Offshore 22 -2 24 -12 34
United States Total 406 -9 415 -482 888
           
Gulf Of Mexico 21 -2 23 -12 33
Canada 43 7 36 -34 77
North America 449 -2 451 -516 965
           
U.S. Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 318 -10 328 -342 660
Gas 87 1 86 -136 223
Miscellaneous 1 0 1 -4 5
           
Directional 38 -6 44 -51 89
Horizontal 315 -3 318 -370 685
Vertical 53 0 53 -61 114
           
Canada Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 16 5 11 -5 21
Gas 26 2 24 -30 56
Miscellaneous 1 0 1 1 0
           
Major State Variances This Week +/- Last Week +/- Year Ago
           
Alaska 6 0 6 -3 9
Arkansas 0 0 0 -6 6
California 5 1 4 -8 13
Colorado 15 0 15 -24 39
Kansas 4 0 4 -10 14
Louisiana 40 -3 43 -33 73
New Mexico 18 2 16 -26 44
North Dakota 24 -1 25 -55 79
Ohio 10 0 10 -14 24
Oklahoma 56 -1 57 -47 103
Pennsylvania 16 0 16 -30 46
Texas 181 -7 188 -192 373
Utah 3 0 3 -4 7
West Virginia 10 0 10 -11 21
Wyoming 7 -1 8 -15 22
                       
Major Basin Variances This Week +/- Last Week +/- Year Ago
           
Ardmore Woodford 1 -1 2 -5 6
Arkoma Woodford 2 0 2 -4 6
Barnett 5 -1 6 0 5
Cana Woodford 27 0 27 -8 35
DJ-Niobrara 12 -1 13 -18 30
Eagle Ford 33 -1 34 -75 108
Fayetteville 0 0 0 -6 6
Granite Wash 4 0 4 -12 16
Haynesville 13 1 12 -14 27
Marcellus 26 0 26 -40 66
Mississippian 5 -1 6 -17 22
Permian 134 -5 139 -99 233
Utica 10 0 10 -15 25
Williston 24 -1 25 -55 79

 

bakerhughes.com

-----

Earlier: 

U.S. SECURITY THREAT 

U.S. RIGS DOWN 5 

U.S. BANKRUPTCY UP 

CHINA & U.S. REBALANCING 

U.S. LNG FOR EUROPE-2

 

 

 

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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