2019-03-04 10:40:00
U.S. RIGS DOWN 9 TO 1,038
![U.S. RIGS DOWN 9 TO 1,038](/cache/03-19/usa-940.d9161fe7.jpg)
BHGE - U.S. Rig Count is down 9 rigs from last week to 1,038 rigs, with oil rigs down 10 to 843 and gas rigs up 1 to 195.
U.S. Rig Count is up 57 rigs from last year's count of 981, with oil rigs up 43 and gas rigs up 14.
The U.S. Offshore Rig Count is up 3 rigs to 22 and up 8 rigs year-over-year.
Canada Rig Count is down 1 rig from last week to 211, with oil rigs down 4 to 140 and gas rigs up 3 to 71.
Canada Rig Count is down 91 rigs from last year's count of 302, with oil rigs down 71 and gas rigs down 20.
Rotary Rig Count | |||||||||
3/1/19 | |||||||||
Week | Year | ||||||||
Location | Week | +/- | Ago | +/- | Ago | ||||
Land | 1015 | -11 | 1026 | 52 | 963 | ||||
Inland Waters | 1 | -1 | 2 | -3 | 4 | ||||
Offshore | 22 | 3 | 19 | 8 | 14 | ||||
United States Total | 1038 | -9 | 1047 | 57 | 981 | ||||
Gulf Of Mexico | 22 | 3 | 19 | 8 | 14 | ||||
Canada | 211 | -1 | 212 | -91 | 302 | ||||
North America | 1249 | -10 | 1259 | -34 | 1283 | ||||
U.S. Breakout Information | This Week | +/- | Last Week | +/- | Year Ago | ||||
Oil | 843 | -10 | 853 | 43 | 800 | ||||
Gas | 195 | 1 | 194 | 14 | 181 | ||||
Directional | 67 | -1 | 68 | -8 | 75 | ||||
Horizontal | 911 | -5 | 916 | 64 | 847 | ||||
Vertical | 60 | -3 | 63 | 1 | 59 | ||||
Canada Breakout Information | This Week | +/- | Last Week | +/- | Year Ago | ||||
Oil | 140 | -4 | 144 | -71 | 211 | ||||
Gas | 71 | 3 | 68 | -20 | 91 | ||||
Major State Variances | This Week | +/- | Last Week | +/- | Year Ago | ||||
Alaska | 11 | -2 | 13 | 0 | 11 | ||||
California | 15 | 3 | 12 | 1 | 14 | ||||
Colorado | 34 | 0 | 34 | 4 | 30 | ||||
Louisiana | 65 | 1 | 64 | 6 | 59 | ||||
New Mexico | 107 | -1 | 108 | 19 | 88 | ||||
North Dakota | 56 | -1 | 57 | 9 | 47 | ||||
Ohio | 18 | 0 | 18 | -4 | 22 | ||||
Oklahoma | 115 | -2 | 117 | -9 | 124 | ||||
Pennsylvania | 44 | 0 | 44 | 3 | 41 | ||||
Texas | 503 | -5 | 508 | 20 | 483 | ||||
Utah | 8 | 0 | 8 | -2 | 10 | ||||
West Virginia | 19 | 0 | 19 | 3 | 16 | ||||
Wyoming | 36 | -1 | 37 | 5 | 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 | 2 | 1 | 1 | 0 | 2 | ||||
Cana Woodford | 56 | 0 | 56 | -12 | 68 | ||||
DJ-Niobrara | 31 | -1 | 32 | 6 | 25 | ||||
Eagle Ford | 82 | 0 | 82 | 12 | 70 | ||||
Granite Wash | 5 | 0 | 5 | -7 | 12 | ||||
Haynesville | 58 | 1 | 57 | 7 | 51 | ||||
Marcellus | 62 | 0 | 62 | 6 | 56 | ||||
Mississippian | 9 | -1 | 10 | 5 | 4 | ||||
Permian | 466 | -7 | 473 | 32 | 434 | ||||
Utica | 19 | 0 | 19 | -4 | 23 | ||||
Williston | 56 | -1 | 57 | 8 | 48 |
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Earlier:
![U.S. RIGS DOWN 9 TO 1,038](/cache/02-19/usa-934.de6de0d4.jpg)
2019, February, 25, 11:55:00
U.S. SHALE OIL WEAKNESS
REUTERS - Weak returns at U.S. shale producers could cost more executives their jobs and lead to increasing battles with activist investors, analysts said following changes at two producers.
![U.S. RIGS DOWN 9 TO 1,038](/cache/02-19/RIG-94.9ec0e00a.jpg)
2019, February, 25, 11:25:00
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. 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.
![U.S. RIGS DOWN 9 TO 1,038](/cache/02-19/usa-938.569f2ed6.jpg)
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 9 TO 1,038](/cache/02-19/usa-937.f0e1e659.jpg)
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 9 TO 1,038](/cache/02-19/USA-927.b9d7a624.jpg)
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 9 TO 1,038](/cache/02-19/usa-934.de6de0d4.jpg)
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 9 TO 1,038](/cache/02-19/rig-93.5c5f5d8e.jpg)
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,