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2019-02-25 11:25:00

U.S. RIGS DOWN 4 TO 1,047

U.S. RIGS DOWN 4 TO 1,047

BHGE - U.S. Rig Count is down 4 rigs from last week to 1,047 rigs, with oil rigs down 4 to 853 and gas rigs unchanged at 194.

U.S. Rig Count is up 69 rigs from last year's count of 978, with oil rigs up 54 and gas rigs up 15.

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

Canada Rig Count is down 12 rigs from last week to 212, with oil rigs down 8 to 144 and gas rigs down 4 to 68.

Canada Rig Count is down 94 rigs from last year's count of 306, with oil rigs down 65 and gas rigs down 29.

 

    Rotary Rig Count      
  2/22/19        
                   
      Week   Year
Location Week +/- Ago +/- Ago
           
Land 1026 -2 1028 67 959
Inland Waters 2 0 2 0 2
Offshore 19 -2 21 2 17
United States Total 1047 -4 1051 69 978
           
Gulf Of Mexico 19 -2 21 2 17
           
Canada 212 -12 224 -94 306
           
North America 1259 -16 1275 -25 1284
           
U.S. Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 853 -4 857 54 799
Gas 194 0 194 15 179
           
Directional 68 -2 70 -1 69
Horizontal 916 1 915 74 842
Vertical 63 -3 66 -4 67
           
Canada Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 144 -8 152 -65 209
Gas 68 -4 72 -29 97
           
Major State Variances This Week +/- Last Week +/- Year Ago
           
Alaska 13 1 12 4 9
California 12 1 11 -2 14
Colorado 34 -1 35 1 33
Louisiana 64 -2 66 4 60
New Mexico 108 -1 109 21 87
North Dakota 57 0 57 8 49
Ohio 18 0 18 -4 22
Oklahoma 117 -2 119 -4 121
Pennsylvania 44 0 44 5 39
Texas 508 -1 509 26 482
Utah 8 0 8 -2 10
West Virginia 19 1 18 3 16
Wyoming 37 0 37 6 31
                   
Major Basin Variances This Week +/- Last Week +/- Year Ago
           
Ardmore Woodford 5 0 5 4 1
Arkoma Woodford 5 0 5 -2 7
Barnett 1 -1 2 -1 2
Cana Woodford 56 -3 59 -13 69
DJ-Niobrara 32 1 31 6 26
Eagle Ford 82 0 82 12 70
Granite Wash 5 1 4 -7 12
Haynesville 57 1 56 6 51
Marcellus 62 1 61 8 54
Mississippian 10 0 10 6 4
Permian 473 0 473 38 435
Utica 19 0 19 -4 23
Williston 57 0 57 7 50

 

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Earlier:

U.S. RIGS DOWN 4 TO 1,047
2019, February, 20, 11:35:00
U.S. PRODUCTION: OIL + 84 TBD, GAS + 858 MCFD
U.S. EIA - Crude oil production from the major US onshore regions is forecast to increase 84,000 b/d month-over-month in March from 8,314 to 8,398 thousand barrels/day , gas production to increase 858 million cubic feet/day from 77,109 to 77,967 million cubic feet/day .
U.S. RIGS DOWN 4 TO 1,047
2019, February, 18, 12:25:00
OIL DEMAND GROWTH 1.4 MBD
IEA - Growth in 4Q18 was robust at 1.4 mb/d y-o-y and for 2018 as a whole growth was 1.3 mb/d.
U.S. RIGS DOWN 4 TO 1,047
2019, February, 18, 12:15:00
U.S. OIL PRODUCTION 11.9 MBD AGAIN
API - Strongest gasoline demand (8.9 million barrels per day, mb/d) for the month January on record since 1945. Record refinery and petrochemical demand for other oils’ in any month (5.7 mb/d) U.S. production of crude oil (11.9 mb/d) and natural gas liquids (NGLs) (4.9 mb/d) Refinery throughput (17.3 mb/d) and capacity utilization (93.1 percent) for the month of January.
U.S. RIGS DOWN 4 TO 1,047
2019, February, 18, 11:55:00
U.S. TIGHT OIL PRODUCTION 7 MBD
U.S. EIA - In December 2018, U.S. shale and tight plays produced about 65 billion cubic feet per day (Bcf/d) of natural gas (70% of total U.S. dry gas production) and about 7 million barrels per day (b/d) of crude oil (60% of total U.S. oil production). A decade ago, in December 2008, shale gas and tight oil accounted for 16% of total U.S. gas production and about 12% of U.S. total crude oil production.
U.S. RIGS DOWN 4 TO 1,047
2019, February, 18, 11:50:00
U.S. SHALE NEED INVESTMENT
REUTERS - On Thursday, the regional price of crude was at a $1.10 a barrel premium to U.S. crude futures, the strongest in more than a year as companies including Parsley Energy, Pioneer Natural Resources, Goodrich Petroleum Corp have pared their exploration budgets, easing the constraints.
U.S. RIGS DOWN 4 TO 1,047
2019, February, 18, 11:30:00
U.S. RIGS UP 2 TO 1,051
BHGE - U.S. Rig Count is up 2 rigs from last week to 1,051 rigs, Canada Rig Count is down 16 rigs from last week to 224,
U.S. RIGS DOWN 4 TO 1,047
2019, February, 11, 10:00:00
U.S. RIGS UP 4 TO 1,049
BHGE - U.S. Rig Count is up 4 rigs from last week to 1,049 rigs, with oil rigs up 7 to 854 and gas rigs down 3 to 195. Canada Rig Count is down 3 rigs from last week to 240, with oil rigs down 1 to 158 and gas rigs down 2 to 82.
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Tags: USA, CANADA, OIL, GAS, RIG, COUNT