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2017-05-01 00:00:00

U.S. RIGS UP 13

U.S. RIGS UP 13

BAKER HUGHES

BHI Rig Count: U.S. +13 to 870, Canada -14 to 85

U.S. Rig Count is up 13 rigs from last week to 870, with oil rigs up 9 to 697, gas rigs up 4 to 171, and miscellaneous rigs unchanged at 2.

U.S. Rig Count is up 450 rigs from last year's count of 420, with oil rigs up 365, gas rigs up 84, and miscellaneous rigs up 1.

The U.S. Offshore Rig Count is down 3 rigs from last week to 17 and down 8 rigs year over year.

Canadian Rig Count is down 14 rigs from last week to 85, with oil rigs down 9 to 24 and gas rigs down 5 to 61.

Canadian Rig Count is up 48 rigs from last year's count of 37, with oil rigs up 14, gas rigs up 35, and miscellaneous rigs down 1.

 

      Week   Year
Location Week +/- Ago +/- Ago
           
Land 849 15 834 458 391
Inland Waters 4 1 3 0 4
Offshore 17 -3 20 -8 25
United States Total 870 13 857 450 420
           
Gulf Of Mexico 17 -3 20 -7 24
Canada 85 -14 99 48 37
North America 955 -1 956 498 457
           
U.S. Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 697 9 688 365 332
Gas 171 4 167 84 87
Miscellaneous 2 0 2 1 1
           
Directional 63 3 60 17 46
Horizontal 730 12 718 406 324
Vertical 77 -2 79 27 50
           
Canada Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 24 -9 33 14 10
Gas 61 -5 66 35 26
Miscellaneous 0 0 0 -1 1
           
Major State Variances This Week +/- Last Week +/- Year Ago
           
Alaska 6 0 6 -1 7
Arkansas 1 0 1 1 0
California 9 0 9 5 4
Colorado 29 0 29 13 16
Kansas 0 0 0 -4 4
Louisiana 58 0 58 13 45
New Mexico 55 -3 58 39 16
North Dakota 44 0 44 18 26
Ohio 22 0 22 11 11
Oklahoma 127 3 124 67 60
Pennsylvania 34 0 34 18 16
Texas 437 11 426 252 185
Utah 8 0 8 6 2
West Virginia 12 0 12 2 10
Wyoming 20 1 19 12 8
                       
Major Basin Variances This Week +/- Last Week +/- Year Ago
           
Ardmore Woodford 2 0 2 0 2
Arkoma Woodford 10 0 10 8 2
Barnett 6 0 6 0 6
Cana Woodford 55 4 51 28 27
DJ-Niobrara 25 0 25 11 14
Eagle Ford 83 5 78 46 37
Fayetteville 1 0 1 1 0
Granite Wash 10 0 10 7 3
Haynesville 38 1 37 26 12
Marcellus 46 0 46 20 26
Mississippian 8 0 8 4 4
Permian 342 2 340 208 134
Utica 23 0 23 12 11
Williston 44 0 44 18 26

-----

Earlier: 

USA: 

U.S. RIGS UP 10 

U.S. PETROLEUM DELIVERIES UP 0.2% 

U.S. DRILLING UP 35%  

U.S. RIGS UP 15 AGAIN   

U.S. DEFICIT $43.6 BLN 

 

CANADA: 

TRANSCANADA'S CONSTRUCTION 

SHELL DIVESTS CANADA $7.25 BLN 

TRANSCANADA NET INCOME DOWN 48% 

CANADA'S OIL WILL UP 

CANADA'S HOPE PRICE: $2 BLN

 

 

 

 

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

Chronicle:

U.S. RIGS UP 13
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 13
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 13
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 13
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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