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2017-07-03 13:30:00

U.S. RIGS DOWN TO 940

U.S. RIGS DOWN TO 940

BAKER HUGHES

U.S. Rig Count is down 1 rig from last week to 940, with oil rigs down 2 to 756 and gas rigs up 1 to 184.

U.S. Rig Count is up 509 rigs from last year's count of 431, with oil rigs up 415, gas rigs up 95, and miscellaneous rigs down 1 to 0.

The U.S. Offshore Rig Count is down 1 rig from last week to 21 and up 2 rigs year over year.

Canadian Rig Count is up 19 rigs from last week to 189, with oil rigs up 14 to 112 and gas rigs up 5 to 77.

Canadian Rig Count is up 113 rigs from last year's count of 76, with oil rigs up 77, gas rigs up 37, and miscellaneous rigs down 1 to 0.

      Week   Year
Location Week +/- Ago +/- Ago
           
Land 915 0 915 507 408
Inland Waters 4 0 4 0 4
Offshore 21 -1 22 2 19
United States Total 940 -1 941 509 431
           
Gulf Of Mexico 21 0 21 3 18
Canada 189 19 170 113 76
North America 1129 18 1111 622 507
           
U.S. Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 756 -2 758 415 341
Gas 184 1 183 95 89
Miscellaneous 0 0 0 -1 1
           
Directional 71 -1 72 33 38
Horizontal 792 0 792 460 332
Vertical 77 0 77 16 61
           
Canada Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 112 14 98 77 35
Gas 77 5 72 37 40
Miscellaneous 0 0 0 -1 1
           
Major State Variances This Week +/- Last Week +/- Year Ago
           
Alaska 4 -1 5 -4 8
Arkansas 1 0 1 1 0
California 11 0 11 6 5
Colorado 36 -1 37 17 19
Kansas 0 0 0 -2 2
Louisiana 67 0 67 25 42
New Mexico 60 0 60 41 19
North Dakota 52 0 52 26 26
Ohio 27 0 27 15 12
Oklahoma 132 0 132 74 58
Pennsylvania 34 0 34 21 13
Texas 461 1 460 263 198
Utah 8 0 8 4 4
West Virginia 13 0 13 2 11
Wyoming 25 0 25 18 7
                       
Major Basin Variances This Week +/- Last Week +/- Year Ago
           
Ardmore Woodford 1 0 1 1 0
Arkoma Woodford 9 1 8 7 2
Barnett 7 0 7 -1 8
Cana Woodford 59 -1 60 33 26
DJ-Niobrara 27 -1 28 13 14
Eagle Ford 84 0 84 51 33
Fayetteville 1 0 1 1 0
Granite Wash 12 0 12 4 8
Haynesville 41 1 40 24 17
Marcellus 45 0 45 22 23
Mississippian 7 0 7 3 4
Permian 370 1 369 216 154
Utica 28 0 28 16 12
Williston 52 0 52 26 26

 -----

Earlier: 

U.S. - S.KOREA BUSINESS 

IMF: U.S. ISN'T WORKING WELL 

U.S. OIL DEMAND UP 4.9% 

U.S. RENEWABLE ENERGY 

U.S. RIGS UP 8 TO 941 

U.S. FEDERAL FUNDS RATE 1.25% 

U.S. OIL GAS PRODUCTION WILL UP ANEW

 

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

Chronicle:

U.S. RIGS DOWN TO 940
October, 16, 11:50:00

SAUDI ARAMCO IPO

Saudi Arabia is considering delaying the international portion of the giant initial public offering of its state oil company until at least 2019, according to people familiar with the situation, who said a domestic share sale in Riyadh could still happen next year.

U.S. RIGS DOWN TO 940
October, 16, 11:45:00

SAUDI'S BANKS ARE BETTER

But we expect a rise in the sector's NPL ratio and muted credit demand in the second half of 2017 and 2018, reflecting the slowing economy. GDP growth slowed to 1.4% in 2016 from 3.4% in 2015 and we expect it to be below 1% in 2017 and 2018.

U.S. RIGS DOWN TO 940
October, 16, 11:40:00

OPEC EXPECTATION

The Organization of Petroleum Exporting Countries and allies including Russia have been cutting oil production this year to bring fuel inventories in industrialized nations back in line with the five-year average.

U.S. RIGS DOWN TO 940
October, 16, 11:35:00

JAPAN LNG INVESTMENT

The Japanese government will offer $10 billion to support firms bidding to build liquefied natural gas (LNG) infrastructure around Asia, the Nikkei business daily said on Monday.

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