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2017-03-27 18:30:00

U.S. RIGS UP 20

U.S. RIGS UP 20

BAKER HUGHES

U.S. Rig Count is up 20 rigs from last week to 809, with oil rigs up 21 to 652, gas rigs down 2 to 155, and miscellaneous rigs up 1 to 2. 

U.S. Rig Count is up 345 rigs from last year's count of 464, with oil rigs up 280, gas rigs up 63, and miscellaneous rigs up 2. 

The U.S. Offshore Rig Count is down 1 rig from last week to 18 and down 10 rigs year over year. 

Canadian Rig Count is down 91 rigs from last week to 185, with oil rigs down 79 to 70 and gas rigs down 11 to 114, and miscellaneous rigs down 1 to 1.

Canadian Rig Count is up 130 rigs from last year's count of 55, with oil rigs up 59 and gas rigs up 70, and miscellaneous rigs up 1.

 

      Week   Year
Location Week +/- Ago +/- Ago
           
Land 787 22 765 355 432
Inland Waters 4 -1 5 0 4
Offshore 18 -1 19 -10 28
United States Total 809 20 789 345 464
           
Gulf Of Mexico 18 -1 19 -9 27
Canada 185 -91 276 130 55
North America 994 -71 1065 475 519
           
U.S. Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 652 21 631 280 372
Gas 155 -2 157 63 92
Miscellaneous 2 1 1 2 0
           
Directional 58 -3 61 6 52
Horizontal 673 15 658 314 359
Vertical 78 8 70 25 53
           
Canada Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 70 -79 149 59 11
Gas 114 -11 125 70 44
Miscellaneous 1 -1 2 1 0
           
Major State Variances This Week +/- Last Week +/- Year Ago
           
Alaska 5 1 4 -5 10
Arkansas 1 0 1 1 0
California 8 1 7 1 7
Colorado 30 0 30 13 17
Kansas 0 0 0 -7 7
Louisiana 53 -2 55 2 51
New Mexico 48 3 45 34 14
North Dakota 43 1 42 12 31
Ohio 21 0 21 11 10
Oklahoma 118 7 111 55 63
Pennsylvania 33 1 32 15 18
Texas 404 8 396 195 209
Utah 9 0 9 8 1
West Virginia 11 1 10 -1 12
Wyoming 16 -1 17 7 9
                       
Major Basin Variances This Week +/- Last Week +/- Year Ago
           
Ardmore Woodford 2 0 2 1 1
Arkoma Woodford 9 0 9 6 3
Barnett 5 1 4 -1 6
Cana Woodford 50 2 48 19 31
DJ-Niobrara 25 0 25 10 15
Eagle Ford 72 2 70 31 41
Fayetteville 1 0 1 1 0
Granite Wash 13 1 12 5 8
Haynesville 37 0 37 23 14
Marcellus 44 2 42 14 30
Mississippian 7 1 6 0 7
Permian 315 7 308 168 147
Utica 22 0 22 12 10
Williston 43 1 42 12 31

-----

Earlier:

USA: 

U.S. OIL DEMAND UP TO 19.3 MBD 

U.S. DRILLING UP 

U.S. RIGS UP 21

U.S. ECONOMY WILL UP 

U.S. OIL & GAS UP 

 

CANADA: 

SHELL DIVESTS CANADA $7.25 BLN

TRANSCANADA'S APPLICATION 

CANADA'S OIL WILL UP 

TRANSCANADA WANTS $15 BLN 

OIL MARKET BALANCE 2017 

 

 

 

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

Chronicle:

U.S. RIGS UP 20
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 20
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 20
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 20
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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