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2016-06-07 18:30:00

WORLDWIDE RIG COUNT DOWN 722

WORLDWIDE RIG COUNT DOWN 722

 

INTERNTIONAL OIL GAS RIG COUNT 2009 - 2016

 

HOUSTON--Jun. 7, 2016-- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for May 2016 was 955 up 9 from the 946 counted in April 2016, and down 203 from the 1,158 counted in May 2015. The international offshore rig count for May 2016 was 229, up 9 from the 220 counted in April 2016, and down 55 from the 284 counted in May 2015. 

The average U.S. rig count for May 2016 was 408, down 29 from the 437 counted in April 2016, and down 481 from the 889 counted in May 2015. The average Canadian rig count for May 2016 was 42, up 1 from the 41 counted in April 2016, and down 38 from the 80 counted in May 2015.

The worldwide rig count for May 2016 was 1,405, down 19 from the 1,424 counted in April 2016, and down 722 from the 2,127 counted in May 2015.

May 2016 Rotary Rig Counts

 
 

 

May 2016

 

 

April 2016

 

May 2015

  Land Offshore Total Month Variance Land Offshore Total Land Offshore Total
   
Latin America 158 30 188 -15 167 36 203 258 69 327
Europe 53 42 95 5 54 36 90 68 48 116
Africa 71 20 91 1 70 20 90 69 31 100
Middle East 340 51 391 7 330 54 384 357 41 398
Asia Pacific 104 86 190 11 105 74 179 122 95 217
International 726 229 955 9 726 220 946 874 284 1,158
                     
United States 384 24 408 -29 411 26 437 857 32 889
Canada 40 2 42 1 40 1 41 78 2 80
North America 424 26 450 -28 451 27 478 935 34 969
                     
Worldwide 1,150 255 1,405 -19 1,177 247 1,424 1,809 318 2,127

 

bakerhughes.com

-----

Earlier: 

U.S. RIGS UP 4 

U.S. WERE THE LARGEST 

U.S. OIL DEMAND UP, PRODUCTION DOWN 

U.S. ENERGY DEBT: $370 BLN 

U.S. OIL INVENTORIES UP 2.8 MBL

 

 

 

Tags: OIL, GAS, RIG, COUNT

Chronicle:

WORLDWIDE RIG COUNT DOWN 722
2018, August, 17, 11:30:00

U.S. INDUSTRIAL PRODUCTION UP 0.1%

U.S. FRB - Industrial production edged up 0.1 percent in July after rising at an average pace of 0.5 percent over the previous five months. Manufacturing production increased 0.3 percent, the output of utilities moved down 0.5 percent, and, after posting five consecutive months of growth, the index for mining declined 0.3 percent. At 108.0 percent of its 2012 average, total industrial production was 4.2 percent higher in July than it was a year earlier. Capacity utilization for the industrial sector was unchanged in July at 78.1 percent, a rate that is 1.7 percentage points below its long-run (1972–2017) average.

WORLDWIDE RIG COUNT DOWN 722
2018, August, 17, 11:25:00

NORWAY'S PETROLEUM PRODUCTION: 1.911 MBD

NPD - Preliminary production figures for July 2018 show an average daily production of 1 911 000 barrels of oil, NGL and condensate, which is an increase of 64 000 barrels per day compared to June.

WORLDWIDE RIG COUNT DOWN 722
2018, August, 17, 11:20:00

GAZPROM NEFT NET PROFIT UP TO 49.6%

GAZPROM NEFT - For the first six months of 2018 Gazprom Neft achieved revenue** growth of 24.4% year-on-year, at one trillion, 137.7 billion rubles (RUB1,137,700,000,000). The Company achieved a 49.8% year-on-year increase in adjusted EBITDA, to RUB368.2 billion. This performance reflected positive market conditions for oil and oil products, production growth at the Company’s new projects, and effective management initiatives. Net profit attributable to Gazprom Neft PJSC shareholders grew 49.6% year on year, to RUB166.4 billion. Growth in the Company’s operating cash flow, as well as the completion of key infrastructure investments at new upstream projects, delivered positive free cash flow of RUB47.5 billion for 1H 2018.

WORLDWIDE RIG COUNT DOWN 722
2018, August, 15, 11:10:00

OIL PRICE: NEAR $72

REUTERS - Front-month Brent crude oil futures LCOc1 were at $72.34 per barrel at 0648 GMT, down by 12 cents, or 0.2 percent, from their last close. U.S. West Texas Intermediate (WTI) crude futures CLc1 were down 23 cents, or 0.3 percent, at $66.81 per barrel.

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