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2018-08-13 13:25:00

U.S. RIGS UP 13 TO 1,057

U.S. RIGS UP 13 TO 1,057

BAKER HUGHES A GE U.S. Rig Count is up 13 rigs from last week to 1,057, with oil rigs up 10 to 869, gas rigs up 3 to 186, and miscellaneous rigs unchanged at 2.

U.S. Rig Count is up 108 rigs from last year's count of 949, with oil rigs up 101, gas rigs up 5, and miscellaneous rigs up 2.

The U.S. Offshore Rig Count is up 3 rigs to 20 and up 2 rigs year-over-year.

Canada Rig Count is down 14 rigs from last week to 209, with oil rigs down 12 to 140 and gas rigs down 2 to 69.

Canada Rig Count is down 11 rigs from last year's count of 220, with oil rigs up 13 and gas rigs down 24.

 

    Rotary Rig Count      
  8/10/18        
                   
      Week   Year
Location Week +/- Ago +/- Ago
           
Land 1035 10 1025 107 928
Inland Waters 2 0 2 -1 3
Offshore 20 3 17 2 18
United States Total 1057 13 1044 108 949
           
Gulf Of Mexico 18 2 16 1 17
           
Canada 209 -14 223 -11 220
           
North America 1266 -1 1267 97 1169
           
U.S. Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 869 10 859 101 768
Gas 186 3 183 5 181
Miscellaneous 2 0 2 2 0
           
Directional 64 0 64 -12 76
Horizontal 924 12 912 123 801
Vertical 69 1 68 -3 72
           
Canada Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 140 -12 152 13 127
Gas 69 -2 71 -24 93
           
Major State Variances This Week +/- Last Week +/- Year Ago
           
Alaska 7 2 5 1 6
Arkansas 0 -1 1 -1 1
California 16 1 15 2 14
Colorado 30 0 30 -7 37
Kansas 0 -1 1 0 0
Louisiana 59 6 53 -7 66
New Mexico 107 5 102 46 61
North Dakota 56 0 56 3 53
Ohio 23 1 22 -5 28
Oklahoma 139 2 137 7 132
Pennsylvania 39 -1 40 5 34
Texas 522 -2 524 63 459
Utah 6 0 6 -4 10
West Virginia 14 0 14 0 14
Wyoming 30 0 30 4 26
                   
Major Basin Variances This Week +/- Last Week +/- Year Ago
           
Ardmore Woodford 2 0 2 1 1
Arkoma Woodford 6 -1 7 -2 8
Barnett 2 -1 3 -5 7
Cana Woodford 68 0 68 5 63
DJ-Niobrara 25 0 25 -5 30
Eagle Ford 79 -1 80 4 75
Fayetteville 0 0 0 -1 1
Granite Wash 17 1 16 2 15
Haynesville 49 1 48 4 45
Marcellus 52 -1 53 6 46
Mississippian 6 0 6 -1 7
Permian 485 5 480 108 377
Utica 24 1 23 -5 29
Williston 56 0 56 3 53

 -----

Earlier:

N.America
2018, August, 6, 12:40:00

U.S. RIGS DOWN 4 TO 1,044

BAKER HUGHES A GE - U.S. Rig Count is down 4 rigs from last week to 1,044, with oil rigs down 2 to 859, gas rigs down 3 to 183, and miscellaneous rigs up 1 to 2. Canada Rig Count is unchanged from last week at 223 rigs, with oil rigs down 2 to 152 and gas rigs up 2 to 71.

 

N.America
2018, August, 1, 09:30:00

U.S. ENERGY EFFICIENCY UP

U.S. EIA - U.S. energy expenditures declined for the fifth consecutive year, reaching $1.0 trillion in 2016, a 9% decrease in real terms from 2015. Adjusted for inflation, total energy expenditures in 2016 were the lowest since 2003. Expressed as a percent of gross domestic product (GDP), total energy expenditures were 5.6% in 2016, the lowest since at least 1970.

N.America
2018, July, 30, 13:10:00

U.S. RIGS UP 2 TO 1,048

BAKER HUGHES A GE - U.S. Rig Count is up 2 rigs from last week to 1,048, with oil up 3 to 861, gas rigs down 1 to 186, and miscellaneous rigs unchanged at 1. Canada Rig Count is up 12 rigs from last week to 223, with oil rigs up 12 to 154 and gas rigs unchanged at 69.

 

N.America
2018, July, 27, 12:50:00

U.S. OIL INVESTMENT UP, DEBT DOWN

EIA - Capital expenditures for these 46 companies totaled almost $19 billion in the first quarter of 2018, a year-over-year increase of nearly $2 billion (10%). Most of these companies have announced that they expect to increase full-year 2018 capital expenditures from 2017 levels.

N.America
2018, July, 27, 12:45:00

U.S. OIL TO CHINA DOWN

PLATTS - China's crude oil imports from the US for July have fallen sharply from June, and are expected to drop even further for August, vessel tracking data showed, as Beijing's tariffs on US crude imports get closer to implementation.

N.America
2018, July, 27, 12:25:00

BP GAS INVESTMENT $10.5 BLN

BP - “This is a transformational acquisition for our Lower 48 business, a major step in delivering our Upstream strategy and a world-class addition to BP’s distinctive portfolio. Given our confidence in BP’s future – further bolstered by additional earnings and cash flow from this deal – we are increasing the dividend, reflecting our long-standing commitment to growing distributions to shareholders.

N.America
2018, July, 25, 09:35:00

U.S. OIL PRODUCTION: 10.7 MBD

API - API released its monthly statistical report for June of 2018 highlighting that U.S. production of crude oil and natural gas liquids hit is highest level ever. In June, production of crude oil hit 10.7 million barrels per day (mb/d) and production of natural gas liquids hit 4.2 mb/d. 

 

 

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