U.S. Rig Count is up 450 rigs from last year's count of 420, with oil rigs up 365, gas rigs up 84, and miscellaneous rigs up 1. Canadian Rig Count is up 48 rigs from last year's count of 37, with oil rigs up 14, gas rigs up 35, and miscellaneous rigs down 1.

Preliminary production figures for March 2017 show an average daily production of 2 145 000 barrels of oil, NGL and condensate, which is an increase of 63 000 barrels per day (approx. 3 percent) compared to February.

U.S. Rig Count is up 426 rigs from last year's count of 431, with oil rigs up 345, gas rigs up 79, and miscellaneous rigs up 2. Canadian Rig Count is up 59 rigs from last year's count of 40, with oil rigs up 21, gas rigs up 39, and miscellaneous rigs down 1.

It can be argued confidently that the market is already very close to balance, and as more data becomes available this will become clearer.

U.S. Rig Count is up 407 rigs from last year's count of 440, with oil rigs up 332, gas rigs up 73, and miscellaneous rigs up 2. Canadian Rig Count is up 78 rigs from last year's count of 40, with oil rigs up 30 and gas rigs up 48.

U.S. Rig Count is up 396 rigs from last year's count of 443, with oil rigs up 318, gas rigs up 76, and miscellaneous rigs up 2. Canadian Rig Count is up 91 rigs from last year's count of 41, with oil rigs up 34 and gas rigs up 57.

U.S. Rig Count is up 374 rigs from last year's count of 450, with oil rigs up 300, gas rigs up 72, and miscellaneous rigs up 2. Canadian Rig Count is up 106 rigs from last year's count of 49, with oil rigs up 44, gas rigs up 62, and miscellaneous rigs unchanged.

U.S. Rig Count is up 345 rigs from last year's count of 464, with oil rigs up 280, gas rigs up 63, and miscellaneous rigs up 2. Canadian Rig Count is up 130 rigs from last year's count of 55, with oil rigs up 59 and gas rigs up 70, and miscellaneous rigs up 1.

Nabors Industries Ltd. ("Nabors") (NYSE: NBR) reported full-year 2016 operating revenue of $2.2 billion, compared to operating revenue of $3.9 billion in the prior year, which included $366 million in revenue from the Completion and Production Services segment (NCPS), a business line that merged with C&J Energy Services, Inc. (CJES) on March 24, 2015 and ceased to be consolidated with Nabors on that date. Net income from continuing operations for the year was a loss of $1.0 billion, or $3.58 per share, compared to a loss of $330 million, or $1.14 per share, in FY 2015. Included in the net loss from continuing operations for full year 2016 were total after-tax impairments and other charges of $487 million, or $1.71 per share, as well as $0.80 per share in Nabors' proportional share of CJES' net loss for the period. This compares to prior year impairments and other charges of $380 million, or $1.31 per share, and $0.29 per diluted share for the company's proportional share of CJES' net loss.

U.S. Rig Count is up 313 rigs from last year's count of 476, with oil rigs up 244, gas rigs up 68, and miscellaneous rigs up 1. Canadian Rig Count is up 207 rigs from last year's count of 69, with oil rigs up 137, gas rigs up 68, and miscellaneous rigs up 2.