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Upstream

Upstream
2017, September, 11, 12:05:00

U.S. RIGS UP 1 TO 944

U.S. Rig Count is up 436 rigs from last year's count of 508, with oil rigs up 342, gas rigs up 95, and miscellaneous rigs down 1 to 1. Canada Rig Count is up 68 rigs from last year's count of 134, with oil rigs up 28 and gas rigs up 41, and miscellaneous rigs down 1 to 0.

Upstream
2017, September, 4, 12:35:00

RUSSIAN OIL PRODUCTION DOWN TO 10.9 MBD

Russian oil output slipped to a year-low of 10.91 million barrels per day (bpd) in August from 10.95 million bpd in July, Energy Ministry data showed on Saturday, as Gazprom Neft suspended offshore Arctic production to carry out maintenance.

Upstream
2017, August, 31, 12:20:00

LIBYAN OIL DOWN 360 TBD

Three Libyan oilfields have gone offline and output has declined by 360,000 bopd after militia violence, the country’s NOC announced.

Upstream
2017, August, 28, 19:50:00

OMAN OIL PRODUCTION DOWN TO 970 TBD

Oman’s petroleum and other liquids production averaged more than 1 million barrels per day in 2016, its highest production level ever. Oman was on track to maintain this production level in 2017, but it reduced production to approximately 970,000 barrels per day in early 2017 to meet the production cut it agreed to, along with members of the Organization of the Petroleum Exporting Countries (OPEC).

Upstream
2017, August, 28, 19:30:00

U.S. RIGS DOWN 6 TO 940

U.S. Rig Count is up 451 rigs from last year's count of 489, with oil rigs up 353, gas rigs up 99, and miscellaneous rigs down 1 to 1. Canada Rig Count is up 71 rigs from last year's count of 146, with oil rigs up 31 and gas rigs up 40.

Upstream
2017, August, 9, 09:51:00

TESCO NET LOSS $25.8 MLN

TESCO reported a U.S. GAAP net loss of $12.1 million, or $(0.26) per share, in the second quarter of 2017. Adjusted net loss for the quarter was $11.6 million, or $(0.25) per share, excluding special items, consisting primarily of charges related to restructuring costs. This compares to a U.S. GAAP net loss of $13.7 million, or $(0.29) per diluted share, in the first quarter of 2017, and a U.S. GAAP net loss of $18.9 million, or (0.47) per diluted share, in the second quarter of 2016. Adjusted net loss in the first quarter of 2017 was $13.4 million, or $(0.29) per diluted share, and in the second quarter of 2016 was $15.8 million, or $(0.39) per diluted share.

Upstream
2017, August, 7, 08:45:00

U.S. RIGS DOWN 4 TO 954

U.S. Rig Count is up 490 rigs from last year's count of 464, with oil rigs up 384, gas rigs up 108, and miscellaneous rigs down 2 to 0. Canadian Rig Count is up 95 rigs from last year's count of 122, with oil rigs up 64, gas rigs up 33, and miscellaneous rigs down 2 to 0.

Upstream
2017, August, 3, 12:10:00

CANADIAN DRILLING UP

The Petroleum Services Association of Canada (PSAC) has updated its 2017 Canadian Drilling Activity Forecast to reflect an increase in its projected total number of wells to be drilled during the year to 7,200 from 6,680.

Upstream
2017, July, 31, 14:00:00

U.S. RIGS UP 8 TO 958

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. 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.

Upstream
2017, July, 28, 09:55:00

LIBYA'S OIL UP TO 1.069 MBD

Libya's oil production is 1.069 million b/d, and the country hopes to grow its output to as much as 1.25 million b/d this year, a source close to production said Monday.

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OIL (928)
GAS (715)
RUSSIA (454)
GAZPROM (201)
ROSNEFT (165)
U.S. (163)
CHINA (155)
PRICES (116)
LNG (106)
OPEC (103)