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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
2018, June, 22, 13:10:00

THE LARGEST VENEZUELA'S OIL

U.S. EIA - Venezuela holds the largest oil reserves in the world, in large part because of the heavy oil reserves in the Orinoco Oil Basin. In addition to oil reserves, Venezuela has sizeable natural gas reserves, although the development of natural gas lags significantly behind that of oil. However, in the wake of political and economic instability in the country, crude oil production has dramatically decreased, reaching a multi-decades low in mid-2018.

U.S. RIGS DOWN TO 940
2018, June, 22, 13:05:00

U.S. DEFICIT UP FROM $116.1 BLN TO $124.1 BLN

U.S. BEA - The U.S. current-account deficit increased to $124.1 billion (preliminary) in the first quarter of 2018 from $116.1 billion (revised) in the fourth quarter of 2017, according to statistics released by the Bureau of Economic Analysis (BEA). The deficit was 2.5 percent of current-dollar gross domestic product (GDP) in the first quarter, up from 2.4 percent in the fourth quarter.

U.S. RIGS DOWN TO 940
2018, June, 22, 13:00:00

EUROPE'S NUCLEAR INVESTMENT : €50 BLN

WNN - There are 126 operational power reactors in 14 EU Member States, providing more than one-quarter of the bloc's total electricity production. In its Communication on the Nuclear Illustrative Program (PINC) published last year, the European Commission expects nuclear to maintain its significant role in Europe's energy mix up to 2050. This would require investment of some EUR40-50 billion (USD46-58 billion) in nuclear LTO by 2050.

U.S. RIGS DOWN TO 940
2018, June, 20, 13:15:00

OIL PRICE: ABOVE $75

REUTERS - Benchmark Brent crude LCOc1 was up 50 cents at $75.58 a barrel by 0835 GMT. U.S. light crude CLc1 was 50 cents higher at $65.57.

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