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2017-05-06 16:30:00

U.S. RIGS UP 7

U.S. RIGS UP 7

BAKER HUGHES

U.S. Rig Count is up 7 rigs from last week to 877, with oil rigs up 6 to 703, gas rigs up 2 to 173, and miscellaneous rigs down 1 to 1.

U.S. Rig Count is up 462 rigs from last year's count of 415, with oil rigs up 375, gas rigs up 87, and miscellaneous rigs unchanged.

The U.S. Offshore Rig Count is up 2 rigs from last week to 19 and down 5 rigs year over year.

Canadian Rig Count is down 3 rigs from last week to 82, with oil rigs up 3 to 27 and gas rigs down 6 to 55.

Canadian Rig Count is up 46 rigs from last year's count of 36, with oil rigs up 16, gas rigs up 31, and miscellaneous rigs down 1 to 0. 

      Week   Year
Location Week +/- Ago +/- Ago
           
Land 853 4 849 465 388
Inland Waters 5 1 4 2 3
Offshore 19 2 17 -5 24
United States Total 877 7 870 462 415
           
Gulf Of Mexico 18 1 17 -5 23
Canada 82 -3 85 46 36
North America 959 4 955 508 451
           
U.S. Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 703 6 697 375 328
Gas 173 2 171 87 86
Miscellaneous 1 -1 2 0 1
           
Directional 67 4 63 23 44
Horizontal 734 4 730 416 318
Vertical 76 -1 77 23 53
           
Canada Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 27 3 24 16 11
Gas 55 -6 61 31 24
Miscellaneous 0 0 0 -1 1
           
Major State Variances This Week +/- Last Week +/- Year Ago
           
Alaska 8 2 6 2 6
Arkansas 1 0 1 1 0
California 9 0 9 5 4
Colorado 30 1 29 15 15
Kansas 0 0 0 -4 4
Louisiana 62 4 58 19 43
New Mexico 56 1 55 40 16
North Dakota 43 -1 44 18 25
Ohio 22 0 22 12 10
Oklahoma 120 -7 127 63 57
Pennsylvania 33 -1 34 17 16
Texas 443 6 437 255 188
Utah 8 0 8 5 3
West Virginia 11 -1 12 1 10
Wyoming 22 2 20 14 8
                       
Major Basin Variances This Week +/- Last Week +/- Year Ago
           
Ardmore Woodford 1 -1 2 -1 2
Arkoma Woodford 9 -1 10 7 2
Barnett 6 0 6 0 6
Cana Woodford 51 -4 55 24 27
DJ-Niobrara 25 0 25 12 13
Eagle Ford 83 0 83 49 34
Fayetteville 1 0 1 1 0
Granite Wash 10 0 10 6 4
Haynesville 39 1 38 27 12
Marcellus 43 -3 46 17 26
Mississippian 7 -1 8 1 6
Permian 349 7 342 210 139
Utica 23 0 23 13 10
Williston 43 -1 44 18 25

-----

Earlier: 

USA: 

U.S. DEFICIT $43.7 BLN 

U.S. RIGS INCREASING 

U.S. GDP UP 0.7% 

U.S. RIGS UP 13 

U.S. RIGS UP 10 

 

CANADA: 

CANADIAN WELLS UP TO 6,680 

TRANSCANADA'S CONSTRUCTION  

TRANSCANADA'S APPLICATION 

TRANSCANADA NET INCOME DOWN 48%  

CANADA'S OIL WILL UP 

 

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

Chronicle:

U.S. RIGS UP 7
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 7
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 7
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 7
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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