U.S. RIGS DOWN 34
BHI Rig Count: U.S. -34 to 954 rigs
U.S. Rig Count is down 34 rigs from last week to 954, with oil rigs down 26 to 734, gas rigs down 8 to 217, and miscellaneous rigs unchanged at 3.
U.S. Rig Count is down 877 rigs from last year at 1831, with oil rigs down 776, gas rigs down 99, and miscellaneous rigs down 2.
The U.S. Offshore rig count is 33, unchanged from last week, and down 19 rigs year over year.
BHI Rig Count: Canada -19 to 80 rigs
Canadian Rig Count is down 19 rig from last week to 80, with oil rigs unchanged at 20, and gas rigs down 19 to 60.
Canadian Rig Count is down 119 rigs from last year at 199, with oil rigs down 65, and gas rigs down 54.
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WNN - The search for solutions to climate change must include discussion of nuclear power, Scott Foster, director of the Sustainable Energy Division of UNECE, told
WNN - in 2017 the average total generating cost - which includes capital, fuel and operating costs - for nuclear energy was USD33.50 per megawatt-hour (MWh).
LUKOIL - For the first nine months of 2018 LUKOIL Group's average hydrocarbon production excluding West Qurna-2 project was 2,301 thousand boe per day, which is 3.7% higher year-on-year.
GE - Baker Hughes, a GE company and General Electric Company Announce a Series of Long-Term Agreements to Maximize Value for Both BHGE and GE