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2019-01-14 11:00:00

U.S. RIGS UP 0 TO 1,075

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.

U.S. Rig Count is up 136 rigs from last year's count of 939, with oil rigs up 121 and gas rigs up 15.

The U.S. Offshore Rig Count is down 1 rig to 21 and up 2 rigs year-over-year.

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.

Canada Rig Count is down 92 rigs from last year's count of 276, with oil rigs down 82 and gas rigs down 10. 

 

    Rotary Rig Count      
  1/11/19        
                   
      Week   Year
Location Week +/- Ago +/- Ago
           
Land 1052 2 1050 133 919
Inland Waters 2 -1 3 1 1
Offshore 21 -1 22 2 19
United States Total 1075 0 1075 136 939
           
Gulf Of Mexico 21 -1 22 2 19
           
Canada 184 108 76 -92 276
           
North America 1259 108 1151 44 1215
           
U.S. Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 873 -4 877 121 752
Gas 202 4 198 15 187
           
Directional 62 -4 66 -10 72
Horizontal 948 3 945 143 805
Vertical 65 1 64 3 62
           
Canada Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 103 83 20 -82 185
Gas 81 25 56 -10 91
           
Major State Variances This Week +/- Last Week +/- Year Ago
           
Alaska 9 0 9 3 6
California 10 0 10 -4 14
Colorado 35 0 35 -1 36
Kansas 3 1 2 3 0
Louisiana 63 -2 65 2 61
New Mexico 107 2 105 26 81
North Dakota 53 0 53 8 45
Ohio 16 1 15 -11 27
Oklahoma 136 -4 140 15 121
Pennsylvania 49 2 47 13 36
Texas 532 -2 534 80 452
Utah 6 0 6 -6 12
West Virginia 14 2 12 1 13
Wyoming 33 0 33 7 26
                   
Major Basin Variances This Week +/- Last Week +/- Year Ago
           
Ardmore Woodford 2 0 2 1 1
Arkoma Woodford 6 0 6 -3 9
Barnett 2 0 2 -3 5
Cana Woodford 57 -2 59 -16 73
DJ-Niobrara 31 0 31 4 27
Eagle Ford 80 0 80 10 70
Granite Wash 11 0 11 -1 12
Haynesville 53 1 52 7 46
Marcellus 61 4 57 13 48
Mississippian 8 0 8 4 4
Permian 488 1 487 85 403
Utica 18 1 17 -10 28
Williston 56 0 56 10 46

 

 -----

Earlier:

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.

 

N.America
2018, December, 29, 13:45:00

U.S. RIGS UP 3 TO 1,083

BHGE - U.S. Rig Count is up 3 rigs from last week to 1,083, with oil rigs up 2 to 885 and gas rigs up 1 to 198. Canada Rig Count is down 61 rigs from last week to 70, with oil rigs down 43 to 15 and gas rigs down 18 to 55.

 

N.America
2018, December, 26, 07:20:00

U.S. OIL INVENTORIES 441.5 MBBL DOWN 500 TBBL

OGJ - US crude oil inventories, excluding the Strategic Petroleum Reserve, decreased by 500,000 bbl for the week ended Dec. 14, according to data from the US Energy Information Administration.

 

N.America
2018, December, 24, 12:00:00

U.S. PRIMARY ENERGY PRODUCTION 8.0 QUADRILLION BTU

U.S. EIA - U.S. primary energy production totaled 8.0 quadrillion British thermal units (Btu), a 10% increase compared with September 2017.

 

N.America
2018, December, 24, 11:55:00

U.S. OIL CAPEX DOWN

PLATTS - Three aggressive independent Permian Basin upstream operators released capital budgets for 2019 in the last few days that are lower than either prior expectations or actual 2018 spending by at least 12% to 15%, as corporate executives attributed reduced activity to the recent plunge in oil prices. 

 

 

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