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2017-10-09 21:35:00

WORLDWIDE RIG COUNT DOWN 35

WORLDWIDE  RIG COUNT DOWN 35

BAKER HUGHES A GEBaker 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.

The average US rig count for September 2017 was 940, down 7 from the 947 counted in August 2017, and up 431 from the 509 counted in September 2016. The average Canadian rig count for September 2017 was 210, down 7 from the 217 counted in August 2017, and up 69 from the 141 counted in September 2016.

The worldwide rig count for September 2017 was 2,081, down 35 from the 2,116 counted in August 2017, and up 497 from the 1,584 counted in September 2016.

 

September 2017 Rig Counts

 

  September2017  

August2017

September2016
  Land Offshore Total

Month
Variance

Land Offshore Total Land Offshore Total
Latin America 150 27 177 -14 160 31 191 151 38 189
Europe 58 33 91 0 53 38 91 56 36 92
Africa 66 13 79 -5 72 12 84 68 9 77
Middle East 347 48 395 4 340 51 391 336 50 386
Asia Pacific 120 69 189 -6 126 69 195 102 88 190
International 741 190 931 -21 751 201 952 713 221 934
                     
United States 922 18 940 -7 930 17 947 491 18 509
Canada 209 1 210 -7 215 2 217 140 1 141
North America 1,131 19 1,150 -14 1,145 19 1,164 631 19 650
                     
Worldwide 1,872 209 2,081 -35 1,896 220 2,116 1,344 240 1,584

 

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Earlier:

 

WORLDWIDE RIG COUNT UP 6 TO 2,116
September, 11, 12:10:00

WORLDWIDE RIG COUNT UP 6 TO 2,116

The worldwide rig count for August 2017 was 2,116, up 6 from the 2,110 counted in July 2017, and up 569 from the 1,547 counted in August 2016.

 

 

 IEA: ENERGY INVESTMENT UPDOWN
July, 12, 14:10:00

IEA: ENERGY INVESTMENT UPDOWN

Total energy investment worldwide in 2016 was just over $1.7 trillion, accounting for 2.2% of global GDP. Investment was down by 12% compared to IEA’s revised 2015 energy investment estimate of $1.9 trillion.

 

 WORLDWIDE RIG COUNT DOWN 197
January, 9, 18:35:00

WORLDWIDE RIG COUNT DOWN 197

Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for December 2016 was 929, up 4 from the 925 counted in November 2016, and down 166 from the 1,095 counted in December 2015. The international offshore rig count for December 2016 was 210, down 1 from the 211 counted in November 2016, and down 40 from the 250 counted in December 2015.

 WORLDWIDE RIG COUNT DOWN 369
December, 7, 18:30:00

WORLDWIDE RIG COUNT DOWN 369

The worldwide rig count for November 2016 was 1,678, up 58 from the 1,620 counted in October 2016, and down 369 from the 2,047 counted in November 2015.

 WORLDWIDE RIG COUNT UP 37
October, 10, 18:40:00

WORLDWIDE RIG COUNT UP 37

The worldwide rig count for September 2016 was 1,584, up 37 from the 1,547 counted in August 2016, and down 587 from the 2,171 counted in September 2015.

 INTERNATIONAL RIG COUNT DOWN 686
August, 5, 18:40:00

INTERNATIONAL RIG COUNT DOWN 686

The worldwide rig count for July 2016 was 1,481, up 74 from the 1,407 counted in June 2016, and down 686 from the 2,167 counted in July 2015.

 

 WORLDWIDE RIG COUNT DOWN 722
June, 7, 18:30:00

WORLDWIDE RIG COUNT DOWN 722

The worldwide rig count for May 2016 was 1,405, down 19 from the 1,424 counted in April 2016, and down 722 from the 2,127 counted in May 2015.

 

 

Tags: WORLDWIDE, OIL, GAS, RIG, COUNT

Chronicle:

WORLDWIDE  RIG COUNT DOWN 35
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.

WORLDWIDE  RIG COUNT DOWN 35
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.

WORLDWIDE  RIG COUNT DOWN 35
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.

WORLDWIDE  RIG COUNT DOWN 35
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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