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2016-08-29 18:30:00

U.S. RIGS DOWN 2

U.S. RIGS DOWN 2

According to BAKER HUGHESU.S. Rig Count is down 2 rigs from last week to 489, with oil rigs unchanged at 406, gas rigs down 2 to 81, and miscellaneous rigs unchanged at 2.

U.S. Rig Count is down 388 rigs from last year's count of 877, with oil rigs down 269, gas rigs down 121, and miscellaneous rigs up 2.

The U.S. Offshore Rig Count is 17, down 1 rig from last week, and down 13 rigs year over year.

Canadian Rig Count is up 25 rigs from last week to 146, with oil rigs up 19 to 84, and gas rigs up 6 to 62.

Canadian Rig Count is down 50 rigs from last year's count of 196, with oil rigs down 4, and gas rigs down 46.

 

      Week   Year
Location Week +/- Ago +/- Ago
           
Land 468 -2 470 -375 843
Inland Waters 4 1 3 0 4
Offshore 17 -1 18 -13 30
United States Total 489 -2 491 -388 877
           
Gulf Of Mexico 17 -1 18 -12 29
Canada 146 25 121 -50 196
North America 635 23 612 -438 1073
           
U.S. Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 406 0 406 -269 675
Gas 81 -2 83 -121 202
Miscellaneous 2 0 2 2 0
           
Directional 48 3 45 -32 80
Horizontal 379 -3 382 -293 672
Vertical 62 -2 64 -63 125
           
Canada Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 84 19 65 -4 88
Gas 62 6 56 -46 108
           
Major State Variances This Week +/- Last Week +/- Year Ago
           
Alaska 4 0 4 -9 13
Arkansas 0 0 0 -4 4
California 5 0 5 -8 13
Colorado 20 -1 21 -16 36
Kansas 0 0 0 -13 13
Louisiana 42 -1 43 -29 71
New Mexico 30 0 30 -20 50
North Dakota 27 0 27 -45 72
Ohio 13 -1 14 -6 19
Oklahoma 62 0 62 -43 105
Pennsylvania 19 2 17 -16 35
Texas 237 -1 238 -149 386
Utah 3 0 3 -1 4
West Virginia 7 -1 8 -10 17
Wyoming 9 1 8 -16 25
                       
Major Basin Variances This Week +/- Last Week +/- Year Ago
           
Ardmore Woodford 1 0 1 -4 5
Arkoma Woodford 2 0 2 -4 6
Barnett 4 -1 5 -3 7
Cana Woodford 32 0 32 -8 40
DJ-Niobrara 16 -2 18 -14 30
Eagle Ford 35 -1 36 -62 97
Fayetteville 0 0 0 -4 4
Granite Wash 9 0 9 -8 17
Haynesville 14 0 14 -17 31
Marcellus 25 1 24 -26 51
Mississippian 3 0 3 -17 20
Permian 199 3 196 -56 255
Utica 13 -1 14 -7 20
Williston 27 0 27 -46 73

-----

Earlier: 

U.S. OIL & GAS BENEFIT 

U.S. RIGS UP 10 

SHAKY MARKET BALANCE 

U.S. OIL PRODUCTION DOWN 85 TBD 

U.S. JOBS DOWN 142,000

 

 

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

Chronicle:

U.S. RIGS DOWN 2
2018, February, 16, 23:15:00

DEWA INVESTS $22 BLN

AOG - The Dubai Electricity & Water Authority (DEWA) is to invest around $22bn on new energy projects across the next five years, with the renewables sector accounting for an increasing share of electricity generation, according to CEO Saeed Mohammed Al Tayer.

U.S. RIGS DOWN 2
2018, February, 16, 23:10:00

TRANSCANADA NET INCOME $3.0 BLN

TRANSCANADA - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada or the Company) announced net income attributable to common shares for fourth quarter 2017 of $861 million or $0.98 per share compared to a net loss of $358 million or $0.43 per share for the same period in 2016. For the year ended December 31, 2017, net income attributable to common shares was $3.0 billion or $3.44 per share compared to net income of $124 million or $0.16 per share in 2016.

U.S. RIGS DOWN 2
2018, February, 16, 23:05:00

RUSSIAN NUCLEAR FOR CONGO

ROSATOM - February 13, 2018, Moscow. – ROSATOM and the Ministry of Scientific Research and Technological Innovations of the Republic of Congo today signed a Memorandum of Understanding on cooperation in the field of peaceful uses of atomic energy.

U.S. RIGS DOWN 2
2018, February, 16, 23:00:00

U.S. INDUSTRIAL PRODUCTION DOWN 0.1%

FRB - Industrial production edged down 0.1 percent in January following four consecutive monthly increases. Manufacturing production was unchanged in January. Mining output fell 1.0 percent, with all of its major component industries recording declines, while the index for utilities moved up 0.6 percent. At 107.2 percent of its 2012 average, total industrial production was 3.7 percent higher in January than it was a year earlier. Capacity utilization for the industrial sector fell 0.2 percentage point in January to 77.5 percent, a rate that is 2.3 percentage points below its long-run (1972–2017) average.

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