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2017-05-22 16:30:00

U.S. RIGS UP 16

U.S. RIGS UP 16

BAKER HUGHES

U.S. Rig Count is up 16 rigs from last week to 901, with oil rigs up 8 to 720, gas rigs up 8 to 180, and miscellaneous rigs unchanged at 1.

U.S. Rig Count is up 497 rigs from last year's count of 404, with oil rigs up 402, gas rigs up 95, and miscellaneous rigs unchanged.

The U.S. Offshore Rig Count is up 2 rigs from last week to 23 and down 1 rig year over year.

Canadian Rig Count is up 5 rigs from last week to 85, with oil rigs up 7 to 36 and gas rigs down 2 to 49.

Canadian Rig Count is up 41 rigs from last year's count of 44, with oil rigs up 20, gas rigs up 22, and miscellaneous rigs down 1 to 0.

      Week   Year
Location Week +/- Ago +/- Ago
           
Land 874 14 860 499 375
Inland Waters 4 0 4 -1 5
Offshore 23 2 21 -1 24
United States Total 901 16 885 497 404
           
Gulf Of Mexico 23 3 20 0 23
Canada 85 5 80 41 44
North America 986 21 965 538 448
           
U.S. Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 720 8 712 402 318
Gas 180 8 172 95 85
Miscellaneous 1 0 1 0 1
           
Directional 66 0 66 24 42
Horizontal 759 17 742 445 314
Vertical 76 -1 77 28 48
           
Canada Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 36 7 29 20 16
Gas 49 -2 51 22 27
Miscellaneous 0 0 0 -1 1
           
Major State Variances This Week +/- Last Week +/- Year Ago
           
Alaska 6 -1 7 0 6
Arkansas 1 0 1 1 0
California 9 0 9 4 5
Colorado 29 -2 31 13 16
Kansas 0 0 0 -3 3
Louisiana 64 2 62 17 47
New Mexico 56 1 55 38 18
North Dakota 44 0 44 21 23
Ohio 24 1 23 14 10
Oklahoma 122 4 118 65 57
Pennsylvania 35 2 33 19 16
Texas 459 8 451 286 173
Utah 8 0 8 5 3
West Virginia 11 0 11 1 10
Wyoming 25 2 23 18 7
                       
Major Basin Variances This Week +/- Last Week +/- Year Ago
           
Ardmore Woodford 1 0 1 0 1
Arkoma Woodford 8 0 8 6 2
Barnett 7 1 6 5 2
Cana Woodford 53 0 53 24 29
DJ-Niobrara 23 -2 25 10 13
Eagle Ford 85 2 83 54 31
Fayetteville 1 0 1 1 0
Granite Wash 10 -1 11 6 4
Haynesville 40 1 39 26 14
Marcellus 45 2 43 19 26
Mississippian 9 3 6 6 3
Permian 361 4 357 224 137
Utica 25 1 24 15 10
Williston 44 0 44 21 23

 -----

Earlier: 

USA:  

U.S. DELIVERIES UP BY 1.7% 

U.S. OIL GAS PRODUCTION WILL UP 

U.S. LNG TO CHINA 

U.S. RIGS UP 8

1 MLN U.S. OIL GAS JOBS 

 

CANADA: 

CANADIAN WELLS UP TO 6,680 

TRANSCANADA'S CONSTRUCTION 

SHELL DIVESTS CANADA $7.25 BLN 

TRANSCANADA NET INCOME DOWN 48% 

CANADA'S OIL WILL UP 

 

 

 

 

 

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

Chronicle:

U.S. RIGS UP 16
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 16
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 16
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 16
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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