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2019-01-21 10:55:00

U.S. RIGS DOWN 25 TO 1,050

U.S. RIGS DOWN 25 TO 1,050

BHGE - U.S. Rig Count is down 25 rigs from last week to 1,050 rigs, with oil rigs down 21 to 852 and gas rigs down 4 to 198.

U.S. Rig Count is up 114 rigs from last year's count of 936, with oil rigs up 105 and gas rigs up 9.

The U.S. Offshore Rig Count is down 2 rigs to 19 and unchanged at 19 year-over-year.

Canada Rig Count is up 25 rigs from last week to 209, with oil rigs up 25 to 128 and gas rigs unchanged at 81.

Canada Rig Count is down 116 rigs from last year's count of 325, with oil rigs down 80 and gas rigs down 36.

 

 

    Rotary Rig Count      
  1/18/19        
                   
      Week   Year
Location Week +/- Ago +/- Ago
           
Land 1029 -23 1052 113 916
Inland Waters 2 0 2 1 1
Offshore 19 -2 21 0 19
United States Total 1050 -25 1075 114 936
           
Gulf Of Mexico 19 -2 21 0 19
           
Canada 209 25 184 -116 325
           
North America 1259 0 1259 -2 1261
           
U.S. Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 852 -21 873 105 747
Gas 198 -4 202 9 189
           
Directional 55 -7 62 -22 77
Horizontal 929 -19 948 127 802
Vertical 66 1 65 9 57
           
Canada Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 128 25 103 -80 208
Gas 81 0 81 -36 117
           
Major State Variances This Week +/- Last Week +/- Year Ago
           
Alaska 10 1 9 5 5
California 7 -3 10 -7 14
Colorado 34 -1 35 2 32
Kansas 1 -2 3 1 0
Louisiana 61 -2 63 -1 62
New Mexico 108 1 107 26 82
North Dakota 54 1 53 10 44
Ohio 17 1 16 -6 23
Oklahoma 126 -10 136 5 121
Pennsylvania 48 -1 49 11 37
Texas 521 -11 532 68 453
Utah 6 0 6 -5 11
West Virginia 15 1 14 0 15
Wyoming 34 1 33 5 29
                   
Major Basin Variances This Week +/- Last Week +/- Year Ago
           
Ardmore Woodford 3 1 2 2 1
Arkoma Woodford 6 0 6 -3 9
Barnett 2 0 2 -1 3
Cana Woodford 62 5 57 -9 71
DJ-Niobrara 31 0 31 6 25
Eagle Ford 81 1 80 14 67
Granite Wash 8 -3 11 -3 11
Haynesville 54 1 53 8 46
Marcellus 62 1 61 11 51
Mississippian 6 -2 8 2 4
Permian 481 -7 488 72 409
Utica 18 0 18 -6 24
Williston 56 0 56 11 45

 

 -----

Earlier:

N.America
2019, January, 16, 11:35:00

GERMANY PROTECTS EUROPE

REUTERS - Germany will try to protect German and European companies from some potentially “massive collateral damage” if Washington levies further sanctions against Russia, Foreign Minister Heiko Maas said.

 

 

N.America
2019, January, 16, 11:25:00

U.S. SANCTIONS FOR OMV

REUTERS - Threatening to impose U.S. sanctions on companies involved in the Russian-backed Nord Stream 2 pipeline is unacceptable, the head of Austria’s OMV, which has a stake in the project, told Germany’s Handelsblatt.

 

 

N.America
2019, January, 14, 12:15:00

U.S. SANCTIONS FOR GERMANY

REUTERS - The United States has warned German companies involved in the Russian-led Nord Stream 2 gas pipeline that they could face sanctions if they stick with the project.

 

 

N.America
2019, January, 14, 11:00:00

U.S. RIGS UP 0 TO 1,075

BHGE - U.S. Rig Count is unchanged from last week at 1,075 rigs, with oil rigs down 4 to 873 and gas rigs up 4 to 202. Canada Rig Count is up 108 rigs from last week to 184, with oil rigs up 83 to 103 and gas rigs up 25 to 81.

 

N.America
2019, January, 7, 09:55:00

U.S. OIL INVENTORIES 441.4 MBBL

OGJ - US commercial crude oil inventories, excluding the Strategic Petroleum Reserve, remained virtually unchanged for the week ended Dec. 28, 2018,

 

N.America
2019, January, 7, 09:05:00

U.S. RIGS DOWN 8 TO 1,075

BHGE - U.S. Rig Count is down 8 rigs from last week to 1,075, with oil rigs down 8 to 877 and gas rigs unchanged at 198. Canada Rig Count is up 6 rigs from last week to 76, with oil rigs up 5 to 20 and gas rigs up 1 to 56.

 

 

N.America
2019, January, 4, 11:55:00

OIL PRICE LEVEL: $60 - 70

MEOG - A $60-70 per barrel oil price level appears adequate to incentivise sufficient long-term supply. The cost to develop both tight oil resources and conventional upstream oil projects has declined significantly since the oil price collapse of 2015-16. 

 

 

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