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2018-12-03 11:30:00

U.S. RIGS DOWN 3 TO 1,076

U.S. RIGS DOWN 3 TO 1,076

BHGE U.S. Rig Count is down 3 rigs from last week to 1,076, with oil rigs up 2 to 887 and gas rigs down 5 to 189.

U.S. Rig Count is up 147 rigs from last year's count of 929, with oil rigs up 138 and gas rigs up 9.

The U.S. Offshore Rig Count is down 2 rigs to 23 and up 3 rigs year-over-year.

Canada Rig Count is down 5 rigs from last week to 199, with oil rigs down 5 to 119 and gas rigs unchanged at 80.

Canada Rig Count is down 23 rigs from last year's count of 222, with oil rigs up 8 and gas rigs down 31.

 

    Rotary Rig Count      
  11/30/18        
                   
      Week   Year
Location Week +/- Ago +/- Ago
           
Land 1051 -1 1052 143 908
Inland Waters 2 0 2 1 1
Offshore 23 -2 25 3 20
United States Total 1076 -3 1079 147 929
           
Gulf Of Mexico 23 -2 25 3 20
           
Canada 199 -5 204 -23 222
           
North America 1275 -8 1283 124 1151
           
U.S. Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 887 2 885 138 749
Gas 189 -5 194 9 180
           
Directional 68 -5 73 -3 71
Horizontal 934 5 929 142 792
Vertical 74 -3 77 8 66
           
Canada Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 119 -5 124 8 111
Gas 80 0 80 -31 111
           
Major State Variances This Week +/- Last Week +/- Year Ago
           
Alaska 6 1 5 1 5
California 15 0 15 1 14
Colorado 33 -1 34 -3 36
Kansas 0 0 0 -1 1
Louisiana 65 -4 69 3 62
New Mexico 108 0 108 38 70
North Dakota 52 0 52 5 47
Ohio 16 0 16 -14 30
Oklahoma 145 1 144 23 122
Pennsylvania 46 0 46 15 31
Texas 531 -1 532 77 454
Utah 5 1 4 -7 12
West Virginia 11 -2 13 -1 12
Wyoming 30 2 28 5 25
                   
Major Basin Variances This Week +/- Last Week +/- Year Ago
           
Ardmore Woodford 3 0 3 2 1
Arkoma Woodford 7 0 7 -1 8
Barnett 1 0 1 -3 4
Cana Woodford 55 0 55 -17 72
DJ-Niobrara 29 0 29 4 25
Eagle Ford 79 1 78 12 67
Granite Wash 15 0 15 5 10
Haynesville 52 1 51 9 43
Marcellus 56 -2 58 14 42
Mississippian 7 0 7 1 6
Permian 493 0 493 96 397
Utica 17 0 17 -13 30
Williston 56 0 56 8 48

 

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Earlier:

N.America
2018, November, 30, 11:40:00

U.S. OIL GAS RESERVES 2017

U.S. EIA - Proved reserves of crude oil in the United States increased 19.5% (6.4 billion barrels) to 39.2 billion barrels at Year-End 2017, setting a new U.S. record for crude oil proved reserves. The previous record was 39.0 billion barrels set in 1970. Proved reserves of natural gas increased by 123.2 trillion cubic feet (Tcf) (36.1%) to 464.3 Tcf at year-end 2017—a new U.S. record for total natural gas proved reserves. The previous U.S. record was 388.8 Tcf, set in 2014.

 

N.America
2018, November, 28, 12:55:00

U.S. ENERGY PRESSURE

FT - in the third quarter of this year the US E&P sector was able to cover its capital spending from its operating cash flows, if only barely. The plunge in oil prices over the past two months is bringing those concerns gushing to the surface again.

 

N.America
2018, November, 28, 12:40:00

U.S. SUBSTANTIAL DAMAGES

PLATTS - Overall, the report found that without more significant global mitigation, "climate change is projected to impose substantial damages on the US economy, human health and the environment."

 

 

N.America
2018, November, 22, 11:15:00

U.S. - CHINA OIL

PLATTS - Recent activity in the US Gulf Coast shipping market signals that Chinese buyers have returned to buying US crudes oil after halting all imports of US grades in August and September.

 

 

N.America
2018, November, 19, 11:30:00

U.S. PETROLEUM DEMAND 20.8 MBD

U.S. API - U.S. petroleum demand in October of 20.8 million barrels per day (mb/d) was the strongest for the month since 2006 and a continued reflection of solid economic activity.

 

N.America
2018, November, 19, 11:25:00

U.S. GAS PRICES UP

REUTERS - Next-day natural gas prices for Friday at the Sumas hub on the border between Washington state and British Columbia quadrupled to a record high on forecasts for cooler, near-normal weather in the Pacific Northwest and declining pipeline flows from Canada.

 

N.America
2018, November, 19, 11:00:00

U.S. RIGS UP 1 TO 1,082

BHGE - U.S. Rig Count is up 1 rig from last week to 1,082, with oil rigs up 2 to 888 and gas rigs down 1 to 194. Canada Rig Count is up 1 rig from last week to 197, with oil rigs up 1 to 118 and gas rigs unchanged at 79. 

 

 

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