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2016-08-22 18:30:00

U.S. RIGS UP 10

U.S. RIGS UP 10

BAKER HIGHES wrote, U.S. Rig Count is up 10 rigs from last week to 491, with oil rigs up 10 to 406, gas rigs unchanged at 83, and miscellaneous rigs unchanged at 2.

U.S. Rig Count is down 394 rigs from last year's count of 885, with oil rigs down 268, gas rigs down 128, and miscellaneous rigs up 2.

The U.S. Offshore Rig Count is 18, up 1 rig from last week, and down 14 rigs year over year.

Canadian Rig Count is down 5 rigs from last week to 121, with oil rigs unchanged at 65, gas rigs down 4 to 56, and miscellaneous rigs down 1 to 0.

Canadian Rig Count is down 87 rigs from last year's count of 208, with oil rigs down 32, gas rigs down 55, and miscellaneous rigs unchanged.

 

      Week   Year
Location Week +/- Ago +/- Ago
           
Land 470 9 461 -377 847
Inland Waters 3 0 3 -3 6
Offshore 18 1 17 -14 32
United States Total 491 10 481 -394 885
           
Gulf Of Mexico 18 1 17 -13 31
Canada 121 -5 126 -87 208
North America 612 5 607 -481 1093
           
U.S. Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 406 10 396 -268 674
Gas 83 0 83 -128 211
Miscellaneous 2 0 2 2 0
           
Directional 45 1 44 -33 78
Horizontal 382 7 375 -295 677
Vertical 64 2 62 -66 130
           
Canada Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 65 0 65 -32 97
Gas 56 -4 60 -55 111
Miscellaneous 0 -1 1 0 0
           
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 21 0 21 -16 37
Kansas 0 0 0 -13 13
Louisiana 43 1 42 -34 77
New Mexico 30 -1 31 -22 52
North Dakota 27 -2 29 -45 72
Ohio 14 0 14 -5 19
Oklahoma 62 1 61 -44 106
Pennsylvania 17 2 15 -19 36
Texas 238 8 230 -145 383
Utah 3 0 3 -1 4
West Virginia 8 1 7 -9 17
Wyoming 8 0 8 -17 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 5 1 4 -2 7
Cana Woodford 32 3 29 -7 39
DJ-Niobrara 18 0 18 -13 31
Eagle Ford 36 0 36 -63 99
Fayetteville 0 0 0 -4 4
Granite Wash 9 -1 10 -8 17
Haynesville 14 0 14 -16 30
Marcellus 24 3 21 -28 52
Mississippian 3 -1 4 -17 20
Permian 196 7 189 -57 253
Utica 14 0 14 -6 20
Williston 27 -2 29 -46 73

 

-----

Earlier: 

U.S.:

U.S. OIL PRODUCTION DOWN 85 TBD 

U.S. RIGS UP 17 

U.S. EXPORTS UP TO 9% 

U.S. JOBS DOWN 142,000 

U.S. DRILLING UP 

 

CANADA: 

SUNCOR NET LOSS $735 MLN 

CANADIAN DOLLAR DOWN 

CANADA'S OIL WILL UP 

CANADA'S HOPE PRICE: $2 BLN 

CANADA INVESTMENT DOWN 62%

 

INTERNATIONAL: 

INTERNATIONAL RIG COUNT DOWN 686

 

 

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

Chronicle:

U.S. RIGS UP 10
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 UP 10
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 UP 10
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 UP 10
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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