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2017-05-29 13:20:00

U.S. RIGS UP 7 TO 908

U.S. RIGS UP 7 TO 908

BAKER HUGHES

U.S. Rig Count is up 7 rigs from last week to 908, with oil rigs up 2 to 722, gas rigs up 5 to 185, and miscellaneous rigs unchanged at 1.

U.S. Rig Count is up 504 rigs from last year's count of 404, with oil rigs up 406, gas rigs up 98, and miscellaneous rigs unchanged.

The U.S. Offshore Rig Count is unchanged from last week at 23 and down 1 rig year over year.

Canadian Rig Count is up 8 rigs from last week to 93, with oil rigs up 4 to 40 and gas rigs up 4 to 53.

Canadian Rig Count is up 50 rigs from last year's count of 43, with oil rigs up 26, gas rigs up 25, and miscellaneous rigs down 1 to 0.

 

      Week   Year
Location Week +/- Ago +/- Ago
           
Land 881 7 874 507 374
Inland Waters 4 0 4 -2 6
Offshore 23 0 23 -1 24
United States Total 908 7 901 504 404
           
Gulf Of Mexico 23 0 23 0 23
Canada 93 8 85 50 43
North America 1001 15 986 554 447
           
U.S. Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 722 2 720 406 316
Gas 185 5 180 98 87
Miscellaneous 1 0 1 0 1
           
Directional 65 -1 66 21 44
Horizontal 766 7 759 452 314
Vertical 77 1 76 31 46
           
Canada Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 40 4 36 26 14
Gas 53 4 49 25 28
Miscellaneous 0 0 0 -1 1
           
Major State Variances This Week +/- Last Week +/- Year Ago
           
Alaska 7 1 6 2 5
Arkansas 1 0 1 1 0
California 9 0 9 4 5
Colorado 34 5 29 18 16
Kansas 0 0 0 -2 2
Louisiana 64 0 64 16 48
New Mexico 57 1 56 39 18
North Dakota 45 1 44 23 22
Ohio 24 0 24 13 11
Oklahoma 123 1 122 64 59
Pennsylvania 35 0 35 19 16
Texas 458 -1 459 285 173
Utah 8 0 8 5 3
West Virginia 11 0 11 1 10
Wyoming 25 0 25 18 7
                       
Major Basin Variances This Week +/- Last Week +/- Year Ago
           
Ardmore Woodford 1 0 1 0 1
Arkoma Woodford 8 0 8 5 3
Barnett 7 0 7 5 2
Cana Woodford 56 3 53 28 28
DJ-Niobrara 27 4 23 14 13
Eagle Ford 86 1 85 57 29
Fayetteville 1 0 1 1 0
Granite Wash 9 -1 10 3 6
Haynesville 40 0 40 25 15
Marcellus 45 0 45 19 26
Mississippian 9 0 9 6 3
Permian 362 1 361 225 137
Utica 25 0 25 14 11
Williston 45 1 44 23 22

 -----

Earlier: 

U.S. RIGS UP 16

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 

CANADIAN WELLS UP TO 6,680 

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

Chronicle:

U.S. RIGS UP 7 TO 908
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 TO 908
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 TO 908
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 TO 908
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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