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2016-06-27 18:05:00

U.S. RIGS DOWN 3

U.S. RIGS DOWN 3

According to BAKERHUGHES, U.S. Rig Count is down 3 rigs from last week to 421, with oil rigs down 7 to 330, gas rigs up 4 to 90, and miscellaneous rigs unchanged at 1.

U.S. Rig Count is down 438 rigs from last year at 859, with oil rigs down 298, gas rigs down 138, and miscellaneous rigs down 2.

The U.S. Offshore Rig Count is 21, unchanged from last week, and down 7 rigs year over year.

Canadian Rig Count is up 7 rigs from last week to 76, with oil rigs up 8 to 36, gas rigs down 1 to 39, and miscellaneous rigs unchanged at 1.

Canadian Rig Count is down 59 rigs from last year at 135, with oil rigs down 40, gas rigs down 20, and miscellaneous rigs up 1.

      Week   Year
Location Week +/- Ago +/- Ago
           
Land 397 -1 398 -427 824
Inland Waters 3 -2 5 -4 7
Offshore 21 0 21 -7 28
United States Total 421 -3 424 -438 859
           
Gulf Of Mexico 20 -1 21 -8 28
Canada 76 7 69 -59 135
North America 497 4 493 -497 994
           
U.S. Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 330 -7 337 -298 628
Gas 90 4 86 -138 228
Miscellaneous 1 0 1 -2 3
           
Directional 43 -2 45 -55 98
Horizontal 325 -1 326 -329 654
Vertical 53 0 53 -54 107
           
Canada Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 36 8 28 -40 76
Gas 39 -1 40 -20 59
Miscellaneous 1 0 1 1 0
           
Major State Variances This Week +/- Last Week +/- Year Ago
           
Alaska 9 1 8 -1 10
Arkansas 0 0 0 -5 5
California 5 0 5 -6 11
Colorado 17 1 16 -21 38
Kansas 2 0 2 -11 13
Louisiana 41 -5 46 -34 75
New Mexico 20 0 20 -24 44
North Dakota 26 2 24 -48 74
Ohio 12 0 12 -5 17
Oklahoma 54 -4 58 -51 105
Pennsylvania 13 0 13 -34 47
Texas 194 3 191 -167 361
Utah 4 0 4 -4 8
West Virginia 11 -1 12 -9 20
Wyoming 7 0 7 -14 21
                       
Major Basin Variances This Week +/- Last Week +/- Year Ago
           
Ardmore Woodford 0 -1 1 -8 8
Arkoma Woodford 2 0 2 -4 6
Barnett 7 0 7 2 5
Cana Woodford 24 -3 27 -9 33
DJ-Niobrara 12 0 12 -17 29
Eagle Ford 34 0 34 -69 103
Fayetteville 0 0 0 -5 5
Granite Wash 8 1 7 -6 14
Haynesville 19 2 17 -8 27
Marcellus 23 -1 24 -42 65
Mississippian 4 0 4 -16 20
Permian 150 4 146 -81 231
Utica 12 0 12 -7 19
Williston 26 2 24 -48 74

------

Earlier: 

THREE MAIN PLAYERS 

U.S. RIGS UP 10 

U.S. THE STEEPEST CUTS 

U.S. NEED MORE MONEY 

U.S. OIL PRODUCTION DOWN 118 TBD

 

Tags: USA, CANADA, OIL, GAS, RIG, COUNT

Chronicle:

U.S. RIGS DOWN 3
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 3
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 3
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 3
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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