U.S. RIGS UP 1 TO 944
U.S. Rig Count is up 1 rig from last week to 944, with oil rigs down 3 to 756, gas rigs up 4 to 187, and miscellaneous rigs unchanged at 1.
U.S. Rig Count is up 436 rigs from last year's count of 508, with oil rigs up 342, gas rigs up 95, and miscellaneous rigs down 1 to 1.
The U.S. Offshore Rig Count is unchanged from last week at 16 and down 2 rigs year-over-year.
Canada Rig Count is up 1 rig from last week to 202, with oil rigs unchanged at 102 and gas rigs up 1 to 100.
Canada Rig Count is up 68 rigs from last year's count of 134, with oil rigs up 28 and gas rigs up 41, and miscellaneous rigs down 1 to 0.
|United States Total||944||1||943||436||508|
|Gulf Of Mexico||16||0||16||-2||18|
|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|
... gy infrastructure and benefit consumers. As an industry that invests billions in the U.S. economy each year, pro-growth policies would allow us to accelerate these economic investments while keeping energy affordable. Private investment in our nation ...
... 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. The Petroleum Se ...
U.S. RIGS UP 3 TO 943 U.S. RIGS UP 3 TO 943 U.S. Rig Count is up 446 rigs from last years count of 497, with oil rigs up 352, gas rigs up 95, and miscellaneous rigs down 1 to 2. Canada Rig Count is up 64 rigs from last years count of 137, with oil ri ...
CANADAS ECONOMY UP 4% CANADAS ECONOMY UP 4% IMF: Canada’s economy expanded at an annual pace of nearly 4 percent in the first quarter of 2017—the fastest growth rate among the Group of 7 countries. With the economy’s adjustment to lower oil prices al ...
U.S. RIGS DOWN 6 TO 940 U.S. RIGS DOWN 6 TO 940 U.S. Rig Count is up 451 rigs from last years count of 489, with oil rigs up 353, gas rigs up 99, and miscellaneous rigs down 1 to 1. Canada Rig Count is up 71 rigs from last years count of 146, with oi ...
... UP TO 6,680 The Petroleum Services Association of Canada (PSAC), in its second update to the 2017 Canadian Drilling Activity Forecast, announced its revision of the forecasted number of wells drilled (rig released) across Canada for 2017 to 6,680 wel ...
... NVENTORIES DOWN 9MB U.S. OIL INVENTORIES DOWN 9MB US commercial crude oil inventories, excluding the Strategic Petroleum Reserve, decreased by 8.9 million bbl for the week ended Aug. 11 compared with the previous week, the Energy Information Administ ...
CANADAS OIL WILL UP CANADAS OIL WILL UP Canadas oil sands production will grow by 42 percent to 3.4 million barrels per day by 2025, most of which will come from the expansion of existing facilities rather than new projects Canadas oil sands producti ...
... ODUCTION: 9.35 - 9.91 MBD EIA continues to expect US production to rise over the next two years and cross the 10 million b/d threshold in November 2018. It sees output averaging 9.35 million b/d in 2017, up 20,000 b/d from last months outlook, and 9. ...
CANADAS GAS PRODUCTION WILL UP CANADAS GAS PRODUCTION WILL UP Canadas National Energy Board (NEB) projects that both Canadas natural gas production and its domestic natural gas consumption will increase through the next decade. Exports of natural gas ...
U.S. RIGS DOWN 4 TO 954 U.S. RIGS DOWN 4 TO 954 U.S. Rig Count is up 490 rigs from last years count of 464, with oil rigs up 384, gas rigs up 108, and miscellaneous rigs down 2 to 0. Canadian Rig Count is up 95 rigs from last years count of 122, with ...
CANADA CUTS 40,000 JOBS CANADA CUTS 40,000 JOBS Canada’s oil and gas companies have eliminated at least 40,000 jobs this year, the industry’s lobby group estimates, while companies have curtailed spending. Canadian Natural Resources Ltd., the nation’ ...
U.S. RIGS DOWN 2 TO 950 U.S. RIGS DOWN 2 TO 950 U.S. Rig Count is up 488 rigs from last years count of 462, with oil rigs up 393, gas rigs up 98, and miscellaneous rigs down 3 to 0. Canadian Rig Count is up 104 rigs from last years count of 102, with ...
CANADA: WORST PERIOD CANADA: WORST PERIOD CAODC announces its 2016 Drilling Forecast • Projected 2016 wells drilled: 4,728—a decrease of 58% from 2014 (11,226) • Projected operating days: 56,260—a decrease of 57% from 2014 (131,021) • Rig fleet expec ...
... WILL UP Crude oil production from the seven major US onshore regions is projected to rise 113,000 b/d month-over-month in August to 5.585 million b/d. Crude oil production from the seven major US onshore regions is projected to rise 113,000 b/d month ...
CANADA OIL&GAS M&A CANADA OIL&GAS M&A ConocoPhillips is among energy companies considering asset sales amid depressed oil prices, as it markets gas-producing properties that account for about 20% of its production in Western Canada. Whiting Petroleum ...
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U.S. EIA - Energy companies’ free cash flow—the difference between cash from operations and capital expenditure—was $119 billion for the four quarters ending June 30, 2018, the largest four-quarter sum during 2013–18 Companies reduced debt for seven consecutive quarters, contributing to the lowest long-term debt-to-equity ratio since third-quarter 2014
OPEC - Total oil demand for 2018 is now estimated at 98.82 mb/d. In 2019, world oil demand growth is forecast to rise by 1.41 mb/d. Total world oil demand in 2019 is now projected to surpass 100 mb/d for the first time and reach 100.23 mb/d.
ARAB NEWS - Oil exports from southern Iraq are heading for a record high this month, two industry sources said, adding to signs that OPEC’s second-largest producer is following through on a deal to raise supply and local unrest is not affecting shipments.
PLATTS - The International Energy Agency expects the US to account for 75% of the global growth in natural gas exports over the next five years, a bullish outlook for LNG developers facing challenges at home getting projects off the ground and abroad with tariffs affecting trade flows.