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2019-03-04 10:40:00

U.S. RIGS DOWN 9 TO 1,038

U.S. RIGS DOWN 9 TO 1,038

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

 ----- 


Earlier:

U.S. RIGS DOWN 9 TO 1,038
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
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
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
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
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
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
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,
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Tags: USA, CANADA, OIL, GAS, RIG, COUNT