U.S. RIGS UP 11 TO 947

BAKER HUGHES A GE -  

U.S. Rig Count is up 11 rigs from last week to 947, with oil rigs up 12 to 759, gas rigs down 1 to 188, and miscellaneous rigs unchanged.

U.S. Rig Count is up 235 rigs from last year's count of 712, with oil rigs up 193, gas rigs up 43, and miscellaneous rigs down 1 to 0.

The U.S. Offshore Rig Count is down 2 rigs at 17 and down 4 rigs year-over-year.

Canada Rig Count is up 13 rigs from last week to 338, with oil rigs up 12 to 220 and gas rigs up 1 to 118.

Canada Rig Count is down 7 rigs from last year's count of 345, with oil rigs up 20 and gas rigs down 27.

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Earlier:  

2018, January, 26, 12:20:00 U.S. SHALE OIL BOOM REUTERS - U.S. Energy Secretary Rick Perry told oil super-powers Russia and Saudi Arabia he believed U.S. shale oil boom would not become a spoiler for oil markets because new production would be absorbed by fast rising global demand.

2018, January, 22, 07:30:00 U.S. RIGS DOWN 3 TO 936 BAKER HUGHES A GE - U.S. Rig Count is down 3 rigs from last week to 936, with oil rigs down 5 to 747, gas rigs up 2 to 189, and miscellaneous rigs unchanged. Canada Rig Count is up 49 rigs from last week to 325, with oil rigs up 23 to 208 and gas rigs up 26 to 117.

2018, January, 19, 12:30:00 U.S. FOSSIL FUELS WILL UP EIA - EIA forecasts that total fossil fuels production in the United States will average almost 73 quadrillion British thermal units (Btu) in 2018, the highest level of production on record. EIA expects total fossil fuel production to then set another record in 2019, with production forecast to rise to 75 quadrillion Btu.

2018, January, 17, 23:25:00 U.S. OIL +111 TBD, GAS + 890 MCFD EIA - Crude oil production from the major US onshore regions is forecast to increase 111,000 b/d month-over-month in February to 6,549 million b/d, gas production to increase 890 million cubic feet/day to 64,071 million cubic feet/day .

2018, January, 15, 10:00:00 FOSSIL FUELS DIVESTMENT $5 BLN RBF - New York City Mayor Bill de Blasio and Comptroller Scott Stringer announced plans to divest the city’s five pension funds of approximately $5 billion in fossil fuel investments in an effort to safeguard the retirement plans of the city’s employees from the threat of underperforming assets. The total size of the retirement funds, $189 billion, makes New York City the largest American municipality to divest to date.

2018, January, 15, 09:30:00 U.S. RIGS UP 15 TO 939 BHGE - U.S. Rig Count is up 15 rigs from last week to 939, with oil rigs up 10 to 752, gas rigs up 5 to 187, and miscellaneous rigs unchanged. Canada Rig Count is up 102 rigs from last week to 276, with oil rigs up 87 to 185 and gas rigs up 15 to 91.

2018, January, 10, 12:30:00 WORLDWIDE RIG COUNT UP 32 TO 2,089 BAKER HUGHES A GE - The worldwide rig count for December 2017 was 2,089, up 32 from the 2,057 counted in November 2017, and up 317 from the 1,772 counted in December 2016.