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2017-06-08 17:30:00

WORLDWIDE RIG COUNT UP 18 TO 1,935

WORLDWIDE RIG COUNT UP 18 TO  1,935

BAKER HUGHES - Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for May 2017 was 957, up 1 from the 956 counted in April 2017, and up 2 from the 955 counted in May 2016. The international offshore rig count for May 2017 was 202, up 1 from the 201 counted in April 2017, and down 27 from the 229 counted in May 2016.

The average U.S. rig count for May 2017 was 893, up 40 from the 853 counted in April 2017, and up 485 from the 408 counted in May 2016. The average Canadian rig count for May 2017 was 85, down 23 from the 108 counted in April 2017, and up 43 from the 42 counted in May 2016.

The worldwide rig count for May 2017 was 1,935, up 18 from the 1,917 counted in April 2017, and up 530 from the 1,405 counted in May 2016.

May 2017 Rotary Rig Counts

   

May 2017

     

April 2017

  May 2016
    Land   Offshore   Total  

Variance

  Land   Offshore   Total   Land   Offshore   Total
                                         
Latin America   155   35   190   8   150   32   182   158   30   188
Europe   60   35   95   4   60   31   91   53   42   95
Africa   69   15   84   -5   76   13   89   71   20   91
Middle East   350   41   391   2   344   45   389   340   51   391
Asia Pacific   121   76   197   -8   125   80   205   104   86   190

International

  755   202   957  

1

  755   201   956   726   229   955
                                         
United States   871   22   893   40   833   20   853   384   24   408
Canada   83   2   85   -23   108   0   108   40   2   42
North America   954   24   978   17   941   20   961   424   26   450
                                         
Worldwide   1,709   226   1,935   18   1,696   221   1,917   1,150   255   1,405

 

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Earlier: 

INTERNATIONAL RIG COUNT UP 13 

WORLDWIDE RIG COUNT UP 109 

WORLDWIDE RIG COUNT UP 27 

WORLDWIDE RIG COUNT DOWN 197 

WORLDWIDE RIG COUNT DOWN 369 

WORLDWIDE RIG COUNT DOWN 466 

WORLDWIDE RIG COUNT UP 37

 

 

 

Tags: RIG, COUNT

Chronicle:

WORLDWIDE RIG COUNT UP 18 TO  1,935
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 UP 18 TO  1,935
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 UP 18 TO  1,935
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 UP 18 TO  1,935
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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