U.S. OIL WELLS UP 84%
API - API announced that estimated wells completed in the third quarter of 2017 increased 63 percent compared to the third quarter of 2016. This includes a dramatic 84 percent increase for all oil wells completed from year-ago levels.
"Today's report shows evidence that domestic oil and natural gas development remains strong," said Hazem Arafa, director of API's statistics department. "Our nation leads the world in the production and refining of oil and natural gas and due to the increased use of natural gas carbon emissions are near 25-year lows. Moving forward, it's important to put in place policies that embrace America's leadership in energy, which benefits consumers, generates revenue for the government and strengthens our national security."
-----
Earlier:
2017, October, 9, 21:35:00
WORLDWIDE RIG COUNT DOWN 35Baker Hughes, a GE company (NYSE:BHGE) announced today that the Baker Hughes international rig count for September 2017 was 931, down 21 from the 952 counted in August 2017, and down 3 from the 934 counted in September 2016. The international offshore rig count for September 2017 was 190, down 11 from the 201 counted in August 2017, and down 31 from the 221 counted in September 2016.
|
2017, October, 6, 12:35:00
U.S. DEFICIT DOWN TO $42.4 BLNThe U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that the goods and services deficit was $42.4 billion in August, down $1.2 billion from $43.6 billion in July, revised. August exports were $195.3 billion, $0.8 billion more than July exports. August imports were $237.7 billion, $0.4 billion less than July imports.
|
2017, October, 2, 14:30:00
U.S. RIGS UP 5 TO 940U.S. Rig Count is up 418 rigs from last year's count of 522, with oil rigs up 325, gas rigs up 93, and miscellaneous rigs unchanged at 1. Canada Rig Count is up 51 rigs from last year's count of 162, with oil rigs up 29 and gas rigs up 22.
|
2017, September, 29, 12:25:00
U.S. HIGHEST PETROLEUM DEMANDTotal petroleum deliveries in August moved up by 1.3 percent from August 2016 to average 20.5 million barrels per day. These were the highest August deliveries in 10 years, since 2007. Compared with July, total domestic petroleum deliveries, a measure of U.S. petroleum demand, decreased 0.6 percent. For year-to-date, total domestic petroleum deliveries moved up 1.3 percent compared to the same period last year.
|
2017, September, 29, 12:20:00
RUSSIA INFLUENCES U.S.“In light of Facebook’s disclosure of over $100,000 in social media advertising associated with Russian accounts focused on the disruption and influence of US politics through social media, it is likely that Russia undertook a similar effort using social media to influence the US energy market,”
|
2017, September, 27, 13:35:00
U.S. WANT OIL MARKETIf the US were to reimpose nuclear sanctions on Iran, the Trump administration would do so in a way that would have minimal impact on the global oil market, a senior State Department official said Tuesday.
|
2017, September, 20, 08:50:00
U.S. OIL + 79 TBD, GAS + 788 MCFDCrude oil production from the seven major U.S. onshore producing regions is forecast to increase 117,000 b/d month-over-month in September to 6.149 million b/d.
|