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2018-03-18 11:00:00

U.S. RIGS UP 6 TO 990

U.S. RIGS UP 6 TO 990

BAKER HUGHES A GE -  U.S. Rig Count is up 6 rigs from last week to 990, with oil rigs up 4 to 800, gas rigs up 1 to 189, and miscellaneous rigs up 1 to 1.

U.S. Rig Count is up 201 rigs from last year's count of 789, with oil rigs up 169, gas rigs up 32, and miscellaneous rigs unchanged at 1.

The U.S. Offshore Rig Count is unchanged at 13 rigs and down 6 rigs from last year's count of 19.

Canada Rig Count is down 54 rigs from last week to 219, with oil rigs down 52 to 144 and gas rigs down 2 to 75.

Canada Rig Count is down 57 rigs from last year's count of 276, with oil rigs down 5, gas rigs down 50, and miscellaneous rigs down 2.

 

    Rotary Rig Count      
  3/16/18        
                   
      Week   Year
Location Week +/- Ago +/- Ago
           
Land 973 6 967 208 765
Inland Waters 4 0 4 -1 5
Offshore 13 0 13 -6 19
United States Total 990 6 984 201 789
           
Gulf Of Mexico 13 0 13 -6 19
           
Canada 219 -54 273 -57 276
           
North America 1209 -48 1257 144 1065
           
U.S. Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 800 4 796 169 631
Gas 189 1 188 32 157
Miscellaneous 1 1 0 0 1
           
Directional 68 -7 75 7 61
Horizontal 865 17 848 207 658
Vertical 57 -4 61 -13 70
           
Canada Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 144 -52 196 -5 149
Gas 75 -2 77 -50 125
Miscellaneous 0 0 0 -2 2
           
Major State Variances This Week +/- Last Week +/- Year Ago
           
Alaska 7 -2 9 3 4
Arkansas 1 1 0 0 1
California 14 0 14 7 7
Colorado 29 -2 31 -1 30
Louisiana 57 -1 58 2 55
New Mexico 88 1 87 43 45
North Dakota 53 3 50 11 42
Ohio 23 1 22 2 21
Oklahoma 124 4 120 13 111
Pennsylvania 40 -2 42 8 32
Texas 492 2 490 96 396
Utah 9 0 9 0 9
West Virginia 17 1 16 7 10
Wyoming 30 -1 31 13 17
                   
Major Basin Variances This Week +/- Last Week +/- Year Ago
           
Ardmore Woodford 1 0 1 -1 2
Arkoma Woodford 7 -1 8 -2 9
Barnett 2 0 2 -2 4
Cana Woodford 64 2 62 16 48
DJ-Niobrara 23 -1 24 -2 25
Eagle Ford 71 1 70 1 70
Fayetteville 1 1 0 0 1
Granite Wash 14 2 12 2 12
Haynesville 52 1 51 15 37
Marcellus 56 -1 57 14 42
Mississippian 4 0 4 -2 6
Permian 437 1 436 129 308
Utica 24 1 23 2 22
Williston 54 3 51 12 42

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Earlier:  

N.America
2018, March, 16, 10:20:00

U.S. OIL PRODUCTION UP 5%

EIA - Annual average U.S. crude oil production grew by 463,000 barrels per day (b/d) in 2017 to 9.3 million b/d after declining by 551,000 b/d in 2016.

 

 

 

N.America
2018, March, 16, 10:15:00

U.S. PETROLEUM DEMAND: 20.3 MBD

API - Led by gasoline and seasonal demand for heating fuels, U.S. petroleum demand hit 20.3 million barrels per day (MBD) in February. Demand was up by more than a million barrels per day from February of last year, nearing record highs not seen for more than a decade.

 

N.America
2018, March, 14, 11:00:00

U.S. OIL + 131 TBD, GAS + 969 TBD

EIA - Crude oil production from the major US onshore regions is forecast to increase 131,000 b/d month-over-month in April from 6,823 to 6,954 thousand barrels/day , gas production to increase 969 million cubic feet/day from 65,150 to 66,119 million cubic feet/day .

 

N.America
2018, March, 12, 08:40:00

U.S. OIL & GAS: 10.3 MLN JOBS

API - “The oil and natural gas industry is a major contributor to the American economy and helps meet America’s constantly increasing energy needs. We support more than 10.3 million U.S. jobs and contribute $1.3 trillion to the U.S. economy - benefits that are felt across the country,” said API Director of Upstream and Industry Operations Erik Milito.

 

N.America
2018, March, 11, 11:00:00

U.S. RIGS UP 3 TO 984

BAKER HUGHES A GE - U.S. Rig Count is up 3 rigs from last week to 984, with oil rigs down 4 to 796, gas rigs up 7 to 188. Canada Rig Count is down 29 rigs from last week to 273, with oil rigs down 15 to 196 and gas rigs down 14 to 77.

 

News
2018, March, 9, 13:00:00

WORLDWIDE RIG COUNT UP 86 TO 2,175

BAKER HUGHES A GE - The worldwide rig count for January 2018 was 2,175, up 86 from the 2,089 counted in December 2017, and up 257 from the 1,918 counted in January 2017.

 

 

News
2018, March, 4, 10:30:00

U.S. RIGS UP 3 TO 981

BAKER HUGHES A GE - U.S. Rig Count is up 3 rigs from last week to 981, with oil rigs up 1 to 800, gas rigs up 2 to 181, and miscellaneous rigs unchanged. Canada Rig Count is down 4 rigs from last week to 302, with oil rigs up 2 to 211 and gas rigs down 6 to 91.

 

 

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

Chronicle:

U.S. RIGS UP 6 TO 990
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 6 TO 990
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 6 TO 990
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 6 TO 990
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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