U.S. RIGS DOWN 2 TO 929
U.S. Rig Count is down 2 rigs from last week to 929, with oil rigs unchanged at 747, gas rigs down 2 to 182, and miscellaneous rigs unchanged.
U.S. Rig Count is up 271 rigs from last year's count of 658, with oil rigs up 222, gas rigs up 50, and miscellaneous rigs down 1 to 0.
The U.S. Offshore Rig Count is down 1 rig from last week to 18 and down 5 rigs year-over-year.
Canada Rig Count is down 74 rigs from last week to 136, with oil rigs down 58 to 62 and gas rigs down 16 to 74.
Canada Rig Count is down 21 rigs from last year's count of 157, with oil rigs up 10, gas rigs down 26, and miscellaneous rigs down 5 to 0.
|Rotary Rig Count|
|United States Total||929||-2||931||271||658|
|Gulf Of Mexico||18||-1||19||-4||22|
|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.