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2017-12-04 22:30:00

U.S. RIGS UP 6 TO 929

U.S. RIGS UP 6 TO 929

BAKER HUGHES A GE

U.S. Rig Count is up 6 rigs from last week to 929, with oil rigs up 2 to 749, gas rigs up 4 to 180, and miscellaneous rigs unchanged.

U.S. Rig Count is up 332 rigs from last year's count of 597, with oil rigs up 272, gas rigs up 61, and miscellaneous rigs down 1 to 0.

The U.S. Offshore Rig Count is down 2 rigs from last week to 20 and down 2 rigs year-over-year.

Canada Rig Count is up 7 rigs from last week to 222, with oil rigs up 4 to 111 and gas rigs up 3 to 111, and miscellaneous rigs unchanged.

Canada Rig Count is up 22 rigs from last year's count of 200, with oil rigs up 11, gas rigs up 13, and miscellaneous rigs down 2 to 0.

    Rotary Rig Count      
  12/1/17        
                   
      Week   Year
Location Week +/- Ago +/- Ago
           
Land 908 8 900 334 574
Inland Waters 1 0 1 0 1
Offshore 20 -2 22 -2 22
United States Total 929 6 923 332 597
           
Gulf Of Mexico 20 -2 22 -2 22
           
Canada 222 7 215 22 200
           
North America 1151 13 1138 354 797
           
U.S. Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 749 2 747 272 477
Gas 180 4 176 61 119
Miscellaneous 0 0 0 -1 1
           
Directional 71 0 71 25 46
Horizontal 792 6 786 307 485
Vertical 66 0 66 0 66
           
Canada Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 111 4 107 11 100
Gas 111 3 108 13 98
Miscellaneous 0 0 0 -2 2
           
Major State Variances This Week +/- Last Week +/- Year Ago
           
Alaska 5 0 5 -2 7
Arkansas 0 0 0 -1 1
California 14 0 14 8 6
Colorado 36 -1 37 16 20
Kansas 1 1 0 1 0
Louisiana 62 -1 63 14 48
New Mexico 70 1 69 41 29
North Dakota 47 1 46 16 31
Ohio 30 0 30 12 18
Oklahoma 122 0 122 41 81
Pennsylvania 31 0 31 2 29
Texas 454 4 450 168 286
Utah 12 1 11 8 4
West Virginia 12 0 12 2 10
Wyoming 25 0 25 8 17
                   
Major Basin Variances This Week +/- Last Week +/- Year Ago
           
Ardmore Woodford 1 0 1 1 0
Arkoma Woodford 8 0 8 3 5
Barnett 4 -1 5 0 4
Cana Woodford 72 -1 73 33 39
DJ-Niobrara 25 -1 26 7 18
Eagle Ford 67 0 67 27 40
Fayetteville 0 0 0 -1 1
Granite Wash 10 0 10 -1 11
Haynesville 43 3 40 17 26
Marcellus 42 0 42 4 38
Mississippian 6 1 5 2 4
Permian 397 4 393 162 235
Utica 30 0 30 11 19
Williston 48 1 47 17 31

 

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Earlier:  

 USA:

 

       

 CANADA:

 

U.S. RIGS UP 8 TO 923
2017, November, 24, 09:00:00

U.S. RIGS UP 8 TO 923

U.S. Rig Count is up 330 rigs from last year's count of 593, with oil rigs up 273, gas rigs up 58, and miscellaneous rigs down 1 to 0. Canada Rig Count is up 41 rigs from last year's count of 174, with oil rigs up 13, gas rigs up 30, and miscellaneous rigs down 2 to 2.

 

          TRANSCANADA'S CONSTRUCTION $8 BLN
2017, November, 22, 11:15:00

TRANSCANADA'S CONSTRUCTION $8 BLN

TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) confirmed that the Nebraska Public Service Commission (PSC) has approved an alternative route for the proposed Keystone XL Pipeline project through the state. TransCanada is evaluating the PSC's decision.

 

U.S. RIGS UP 8 TO 915
2017, November, 20, 08:50:00

U.S. RIGS UP 8 TO 915

U.S. Rig Count is up 327 rigs from last year's count of 588, with oil rigs up 267, gas rigs up 61, and miscellaneous rigs down 1 to 1. Canada Rig Count is up 24 rigs from last year's count of 184, with oil rigs up 9 and gas rigs up 15.

 

         TRANSCANADA NET INCOME $2.136 BLN
2017, November, 13, 10:10:00

TRANSCANADA NET INCOME $2.136 BLN

TransCanada Corporation (TSX, NYSE: TRP) (TransCanada or the Company) announced net income attributable to common shares for third quarter 2017 of $612 million or $0.70 per share compared to a net loss of $135 million or $0.17 per share for the same period in 2016. 

 

U.S. RIGS UP 9 TO 907
2017, November, 13, 10:00:00

U.S. RIGS UP 9 TO 907

U.S. Rig Count is up 339 rigs from last year's count of 568, with oil rigs up 286, gas rigs up 54, and miscellaneous rigs down 1 to 1. Canada Rig Count is up 27 rigs from last year's count of 176, with oil rigs up 19 and gas rigs up 8.

 

          WORLDWIDE RIG COUNT DOWN 4 TO 2,077
2017, November, 9, 13:30:00

WORLDWIDE RIG COUNT DOWN 4 TO 2,077

The worldwide rig count for October 2017 was 2,077, down 4 from the 2,081 counted in September 2017, and up 457 from the 1,620 counted in October 2016.

U.S. RIGS DOWN 11 TO 898
2017, November, 7, 12:05:00

U.S. RIGS DOWN 11 TO 898

U.S. Rig Count is up 329 rigs from last year's count of 569, with oil rigs up 279, gas rigs up 52, and miscellaneous rigs down 2 to 2. Canada Rig Count is up 38 rigs from last year's count of 154, with oil rigs up 24 and gas rigs up 14.

 

         TRANSCANADA'S CAPITAL PROGRAM: $24 BLN
2017, October, 6, 12:30:00

TRANSCANADA'S CAPITAL PROGRAM: $24 BLN

We will continue to focus on our $24 billion near-term capital program which is expected to generate growth in earnings and cash flow to support an expected annual dividend growth rate at the upper end of an eight to 10 per cent range through 2020.

 

U.S. OIL + 81 TBD, GAS + 827 MCFD
2017, October, 18, 18:55:00

U.S. OIL + 81 TBD, GAS + 827 MCFD

EIA - Crude oil production from the major US onshore regions is forecast to increase 81,000 b/d month-over-month in November to 6.12 million b/d.

 

         WORLDWIDE  RIG COUNT DOWN 35
2017, October, 9, 21:35:00

WORLDWIDE RIG COUNT DOWN 35

Baker Hughes, a GE company (NYSE:BHGE) announced today that the Baker Hughes international rig count for September 2017 was 931, down 21 from the 952 counted in August 2017, and down 3 from the 934 counted in September 2016. The international offshore rig count for September 2017 was 190, down 11 from the 201 counted in August 2017, and down 31 from the 221 counted in September 2016.

 

 U.S. OIL FOR ASIA
2017, October, 13, 12:50:00

U.S. OIL FOR ASIA

A fresh wave of North American crude cargoes could reach the Far East in the coming months, with an estimated 6 million barrels or more of light sweet US grades loading in November expected to find a home in Asia as regional end-users step up efforts to find cheaper feedstocks amid sustained strength in the Middle Eastern crude complex, Asian trade sources said.

 

         CANADA NEED $60
2017, September, 29, 12:10:00

CANADA NEED $60

“Fifty-dollar WTI is not high enough to support a material uptick in oilsands investments,” said Randy Ollenberger, managing director of oil and gas equity research for BMO Capital Markets. “Sustained US$60-plus oil prices are required to support most projects.”

 

 

 GAS IS ESSENTIAL
2017, October, 4, 23:45:00

GAS IS ESSENTIAL

API - “The increased use of natural gas in electric power generation has not only enhanced the reliability of the overall system, but it has also provided significant environmental and consumer benefits. 

         CANADIAN DRILLING UP
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.

 

 

Tags: USA, CANADA, OIL, GAS, RIG, COUNT