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2017-07-31 14:00:00

U.S. RIGS UP 8 TO 958

U.S. RIGS UP 8 TO 958

BAKER HUGHES

U.S. Rig Count is up 8 rigs from last week to 958, with oil rigs up 2 to 766 and gas rigs up 6 to 192. 

U.S. Rig Count is up 495 rigs from last year's count of 463, with oil rigs up 392, gas rigs up 106, and miscellaneous rigs down 3 to 0. 

The U.S. Offshore Rig Count is up 1 rig from last week to 24 and up 5 rigs year over year. 

Canadian Rig Count is up 14 rigs from last week to 220, with oil rigs up 11 to 129 and gas rigs up 3 to 91. 

Canadian Rig Count is up 101 rigs from last year's count of 119, with oil rigs up 69, gas rigs up 33, and miscellaneous rigs down 1 to 0.

 

 

      Week   Year
Location Week +/- Ago +/- Ago
           
Land 931 7 924 491 440
Inland Waters 3 0 3 -1 4
Offshore 24 1 23 5 19
United States Total 958 8 950 495 463
           
Gulf Of Mexico 23 0 23 4 19
Canada 220 14 206 101 119
North America 1178 22 1156 596 582
           
U.S. Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 766 2 764 392 374
Gas 192 6 186 106 86
Miscellaneous 0 0 0 -3 3
           
Directional 77 2 75 29 48
Horizontal 810 7 803 456 354
Vertical 71 -1 72 10 61
           
Canada Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 129 11 118 69 60
Gas 91 3 88 33 58
Miscellaneous 0 0 0 -1 1
           
Major State Variances This Week +/- Last Week +/- Year Ago
           
Alaska 5 0 5 1 4
Arkansas 1 0 1 1 0
California 13 0 13 6 7
Colorado 37 0 37 16 21
Louisiana 72 1 71 26 46
New Mexico 61 4 57 33 28
North Dakota 54 0 54 27 27
Ohio 28 1 27 15 13
Oklahoma 134 3 131 74 60
Pennsylvania 34 0 34 19 15
Texas 462 -1 463 248 214
Utah 10 0 10 8 2
West Virginia 14 1 13 6 8
Wyoming 26 1 25 18 8
                   
Major Basin Variances This Week +/- Last Week +/- Year Ago
           
Ardmore Woodford 1 0 1 0 1
Arkoma Woodford 9 0 9 7 2
Barnett 7 1 6 2 5
Cana Woodford 63 4 59 34 29
DJ-Niobrara 29 -1 30 10 19
Eagle Ford 76 -2 78 43 33
Fayetteville 1 0 1 1 0
Granite Wash 15 1 14 6 9
Haynesville 45 0 45 30 15
Marcellus 46 1 45 24 22
Mississippian 6 1 5 2 4
Permian 379 5 374 207 172
Utica 29 1 28 16 13
Williston 54 0 54 27 27

-----

Earlier:  

U.S. - CHINA OIL RECORD 

U.S. RIGS DOWN 2 TO 950 

U.S. OIL PRICE: $45 

U.S. OIL PRODUCTION: 9.3 MBD 

U.S. OIL&GAS PRODUCTION WILL UP 

U.S. GLOBAL LEADERSHIP 

U.S. & RUSSIA: LIMITED IMPACT

 

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

Chronicle:

U.S. RIGS UP 8 TO 958
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 8 TO 958
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 8 TO 958
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 8 TO 958
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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