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2017-11-09 13:30:00

WORLDWIDE RIG COUNT DOWN 4 TO 2,077

WORLDWIDE RIG COUNT DOWN 4 TO 2,077

BAKER HUGHES A GE international rig count for October 2017 was 951, up 20 from the 931 counted in September 2017, and up 31 from the 920 counted in October 2016. The international offshore rig count for October 2017 was 204, up 14 from the 190 counted in September 2017, and up 4 from the 200 counted in October 2016.

The average US rig count for October 2017 was 922, down 18 from the 940 counted in September 2017, and up 378 from the 544 counted in October 2016. The average Canadian rig count for October 2017 was 204, down 6 from the 210 counted in September 2017, and up 48 from the 156 counted in October 2016.

The worldwide rig count for October 2017 was 2,077, down 4 from the 2,081 counted in September 2017, and up 457 from the 1,620 counted in October 2016.

 

October 2017 Rig Counts

 

  October 2017   September 2017 October 2016
  Land Offshore Total

Month
Variance

Land Offshore Total Land Offshore Total
                     
Latin America 151 26 177 0 150 27 177 153 30 183
Europe 61 30 91 0 58 33 91 63 24 87
Africa 71 14 85 6 66 13 79 67 10 77
Middle East 340 45 385 -10 347 48 395 339 52 391
Asia Pacific 124 89 213 24 120 69 189 98 84 182
International 747 204 951 20 741 190 931 720 200 920
                     
United States 901 21 922 -18 922 18 940 521 23 544
Canada 202 2 204 -6 209 1 210 154 2 156
North America 1,103 23 1,126 -24 1,131 19 1,150 675 25 700
                     
Worldwide 1,850 227 2,077 -4 1,872 209 2,081 1,395 225 1,620

 

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Earlier:  

WORLDWIDE  RIG COUNT DOWN 35
2017, October, 9, 21:35:00

WORLDWIDE RIG COUNT DOWN 35

Baker 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.

 
 WORLDWIDE RIG COUNT UP 6 TO 2,116
2017, 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.

 

 WORLDWIDE RIG COUNT UP 69 TO 2,110
2017, August, 14, 14:00:00

WORLDWIDE RIG COUNT UP 69 TO 2,110

Baker Hughes, a GE company (NYSE:BHGE) announced today that the Baker Hughes international rig count for July 2017 was 959, down 1 from the 960 counted in June 2017, and up 21 from the 938 counted in July 2016. The international offshore rig count for July 2017 was 204, up 7 from the 197 counted in June 2017, and down 22 from the 226 counted in July 2016.

 

 IEA: ENERGY INVESTMENT UPDOWN
2017, 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 466
2016, November, 7, 18:35:00

WORLDWIDE RIG COUNT DOWN 466

The worldwide rig count for October 2016 was 1,620, up 36 from the 1,584 counted in September 2016, and down 466 from the 2,086 counted in October 2015.

 

 RIGS DOWN 1571
2015, November, 6, 19:40:00

RIGS DOWN 1571

The worldwide rig count for October 2015 was 2,086, down 85 from the 2,171 counted in September 2015, and down 1,571 from the 3,657 counted in October 2014.

 

 $200 BLN STOP
2015, June, 17, 18:50:00

$200 BLN STOP

Deepwater oil projects and complex gas facilities worth around $200 billion have been cancelled or put on hold worldwide in recent months due to the sharp drop in oil prices over the past year, consultancy Ernst and Young said.

 

Tags: WORLDWIDE, RIG, COUNT

Chronicle:

WORLDWIDE RIG COUNT DOWN 4 TO 2,077
2018, January, 19, 12:15:00

S.KOREA'S DIVERSIFICATION

PLATTS - For full-year 2017, South Korea's crude imports from its biggest supplier Saudi Arabia fell 1.7% to 319.02 million barrels, compared with 324.45 million barrels in the previous year, customs data showed. On the contrary, South Korea has imported 1.77 million mt, or around 13 million barrels, of crude from the US in 2017, about four times higher than in 2016. Shipments from Russia grew to 140,000 b/d last year from 112,000 b/d in 2016.

WORLDWIDE RIG COUNT DOWN 4 TO 2,077
2018, January, 19, 12:10:00

ADNOC'S 2030 STRATEGY

AOG - ADNOC’s 2030 strategy, he said, aims to capitalise on predicted global economic growth and demand for oil and petrochemical products, particularly in non-OECD countries. As its business responds to changing market dynamics, the company will continue to broaden its partnership base, strengthen its profitability, adapt to new realities and expand market access.

WORLDWIDE RIG COUNT DOWN 4 TO 2,077
2018, January, 19, 12:05:00

TOSHIBA SELLS WESTINGHOUSE

WNN - Under the terms of the assignment and purchase agreement it has signed with Nucleus and Brookfield, Toshiba will sell its rights to assert claims against Westinghouse related to the parent guarantees in the amount of $5.788 billion, and on account of other claims Toshiba holds against Westinghouse in the amount of $2.284 billion to Nucleus, for the sale price of $2.160 billion.

WORLDWIDE RIG COUNT DOWN 4 TO 2,077
2018, January, 17, 23:50:00

OIL PRICES: NOT ABOVE $70 YET

REUTERS - Brent crude futures LCOc1 were at $69.23 a barrel at 0808 GMT, up 8 cents from their last close, but down from a high of $69.37 earlier in the day. Brent on Monday rose to $70.37 a barrel, its highest since December 2014, the start of a three-year oil price slump. U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $63.84 a barrel, down from a high of $63.89 earlier, but up 11 cents from their last settlement. WTI hit $64.89 on Tuesday, also the highest since December 2014.

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