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2017-04-25 18:30:00

U.S. RIGS UP 10

U.S. RIGS UP 10

BAKER HUGHES

U.S. Rig Count is up 10 rigs from last week to 857, with oil rigs up 5 to 688, gas rigs up 5 to 167, and miscellaneous rigs unchanged at 2.

U.S. Rig Count is up 426 rigs from last year's count of 431, with oil rigs up 345, gas rigs up 79, and miscellaneous rigs up 2.

The U.S. Offshore Rig Count is down 1 rig from last week to 20 and down 6 rigs year over year.

Canadian Rig Count is down 19 rigs from last week to 99, with oil rigs down 7 to 33 and gas rigs down 12 to 66.

Canadian Rig Count is up 59 rigs from last year's count of 40, with oil rigs up 21, gas rigs up 39, and miscellaneous rigs down 1.

      Week   Year
Location Week +/- Ago +/- Ago
           
Land 834 11 823 433 401
Inland Waters 3 0 3 -1 4
Offshore 20 -1 21 -6 26
United States Total 857 10 847 426 431
           
Gulf Of Mexico 20 -1 21 -5 25
Canada 99 -19 118 59 40
North America 956 -9 965 485 471
           
U.S. Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 688 5 683 345 343
Gas 167 5 162 79 88
Miscellaneous 2 0 2 2 0
           
Directional 60 -4 64 12 48
Horizontal 718 12 706 386 332
Vertical 79 2 77 28 51
           
Canada Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 33 -7 40 21 12
Gas 66 -12 78 39 27
Miscellaneous 0 0 0 -1 1
           
Major State Variances This Week +/- Last Week +/- Year Ago
           
Alaska 6 1 5 -1 7
Arkansas 1 0 1 1 0
California 9 0 9 5 4
Colorado 29 1 28 12 17
Kansas 0 0 0 -6 6
Louisiana 58 0 58 11 47
New Mexico 58 0 58 39 19
North Dakota 44 1 43 18 26
Ohio 22 0 22 11 11
Oklahoma 124 -1 125 61 63
Pennsylvania 34 1 33 18 16
Texas 426 6 420 239 187
Utah 8 0 8 6 2
West Virginia 12 0 12 0 12
Wyoming 19 1 18 11 8
                       
Major Basin Variances This Week +/- Last Week +/- Year Ago
           
Ardmore Woodford 2 0 2 0 2
Arkoma Woodford 10 0 10 7 3
Barnett 6 1 5 1 5
Cana Woodford 51 -1 52 22 29
DJ-Niobrara 25 1 24 10 15
Eagle Ford 78 3 75 38 40
Fayetteville 1 0 1 1 0
Granite Wash 10 1 9 6 4
Haynesville 37 0 37 25 12
Marcellus 46 1 45 18 28
Mississippian 8 0 8 4 4
Permian 340 1 339 204 136
Utica 23 0 23 12 11
Williston 44 1 43 18 26

-----

Earlier: 

U.S. PETROLEUM DELIVERIES UP 0.2% 

U.S. OIL GAS PRODUCTION UP 

IEA: OIL MARKET BALANCE 

U.S. RIGS UP 8 

OIL PRICES FORECAST: $54 - $57

 

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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