U.S. RIGS UP 5
BAKER HUGHES wrote,
U.S. Rig Count is up 5 rigs from last week to 658, with oil rigs up 2 to 525, gas rigs up 3 to 132, and miscellaneous rigs unchanged at 1.
U.S. Rig Count is down 40 rigs from last year's count of 698, with oil rigs down 11, gas rigs down 30, and miscellaneous rigs up 1.
The U.S. Offshore Rig Count is down 2 rigs from last week at 23 and down 2 rigs year over year.
Canadian Rig Count is down 67 rigs from last week to 157, with oil rigs down 54 to 52, gas rigs down 13 to 100, and miscellaneous rigs unchanged at 5.
Canadian Rig Count is up 74 rigs from last year's count of 83, with oil rigs up 40, gas rigs up 29, and miscellaneous rigs up 5.
|United States Total||658||5||653||-40||698|
|Gulf Of Mexico||22||-2||24||-3||25|
|U.S. Breakout Information||This Week||+/-||Last Week||+/-||Year Ago|
|Canada Breakout Information||This Week||+/-||Last Week||+/-||Year Ago|
|Major State Variances||This Week||+/-||Last Week||+/-||Year Ago|
|Major Basin Variances||This Week||+/-||Last Week||+/-||Year Ago|
|October, 15, 12:30:00|
|October, 15, 12:25:00|
|October, 15, 12:20:00|
|October, 15, 12:15:00|
|October, 15, 12:10:00|
|October, 15, 12:05:00|
GAZPROM - The parties discussed relevant issues related to bilateral cooperation, including the Baltic LNG project. Emphasis was placed on the priority measures aimed at developing a joint design concept (pre-FEED).
BHGE - U.S. Rig Count is up 11 rigs from last week to 1,063, with oil rigs up 8 to 869, gas rigs up 4 to 193, and miscellaneous rigs down 1 to 1. Canada Rig Count is up 13 rigs from last week to 195, with oil rigs up 8 to 127 and gas rigs up 5 to 68.
REUTERS - Brent crude futures had risen $1.02 cents, or 1.3 percent, to $81.28 a barrel by 0637 GMT. The contract dropped 3.4 percent on Thursday following sharp falls in equity markets and indications that supply concerns have been overblown. U.S. West Texas Intermediate (WTI) crude futures were up 80 cents, or 1.1 percent, at $71.77 a barrel, after a 3 percent fall in the previous session. WTI is on track for a 3.5 percent drop this week.
EIA - Brent crude oil spot prices averaged $79 per barrel (b) in September, up $6/b from August. EIA expects Brent spot prices will average $74/b in 2018 and $75/b in 2019. EIA expects West Texas Intermediate (WTI) crude oil prices will average about $6/b lower than Brent prices in 2018 and in 2019.