2019-07-04 15:45:00
U.S. RIGS DOWN 4 TO 963
BHGE - U.S. Rig Count is down 4 rigs from last week to 963, with oil rigs down 5 to 788, gas rigs up 1 to 174, and miscellaneous rigs unchanged at 1.
U.S. Rig Count is down 89 rigs from last year's count of 1,052, with oil rigs down 75, gas rigs down 13, and miscellaneous rigs down 1.
The U.S. Offshore Rig Count is down 2 rigs from last week to 24, and up 5 rigs year-over-year.
Canada Rig Count is down 4 rigs from last week to 120, with oil rigs down 4 to 80 and gas rigs unchanged at 40.
Canada Rig Count is down 62 rigs from last year's count of 182, with oil rigs down 46 and gas rigs down 16.
| Rotary Rig Count | |||||||||
| 7/3/19 | |||||||||
| Week | Year | ||||||||
| Location | Week | +/- | Ago | +/- | Ago | ||||
| Land | 936 | -2 | 938 | -93 | 1029 | ||||
| Inland Waters | 3 | 0 | 3 | -1 | 4 | ||||
| Offshore | 24 | -2 | 26 | 5 | 19 | ||||
| United States Total | 963 | -4 | 967 | -89 | 1052 | ||||
| Gulf Of Mexico | 24 | -2 | 26 | 6 | 18 | ||||
| Canada | 120 | -4 | 124 | -62 | 182 | ||||
| North America | 1083 | -8 | 1091 | -151 | 1234 | ||||
| U.S. Breakout Information | This Week | +/- | Last Week | +/- | Year Ago | ||||
| Oil | 788 | -5 | 793 | -75 | 863 | ||||
| Gas | 174 | 1 | 173 | -13 | 187 | ||||
| Miscellaneous | 1 | 0 | 1 | -1 | 2 | ||||
| Directional | 66 | -2 | 68 | -1 | 67 | ||||
| Horizontal | 839 | -1 | 840 | -91 | 930 | ||||
| Vertical | 58 | -1 | 59 | 3 | 55 | ||||
| Canada Breakout Information | This Week | +/- | Last Week | +/- | Year Ago | ||||
| Oil | 80 | -4 | 84 | -46 | 126 | ||||
| Gas | 40 | 0 | 40 | -16 | 56 | ||||
| Major State Variances | This Week | +/- | Last Week | +/- | Year Ago | ||||
| Alaska | 9 | 2 | 7 | 2 | 7 | ||||
| Arkansas | 0 | 0 | 0 | -1 | 1 | ||||
| California | 18 | 0 | 18 | 2 | 16 | ||||
| Colorado | 29 | 0 | 29 | -2 | 31 | ||||
| Louisiana | 68 | -4 | 72 | 11 | 57 | ||||
| New Mexico | 102 | 3 | 99 | 3 | 99 | ||||
| North Dakota | 55 | 0 | 55 | -2 | 57 | ||||
| Ohio | 18 | 0 | 18 | -4 | 22 | ||||
| Oklahoma | 97 | -5 | 102 | -44 | 141 | ||||
| Pennsylvania | 37 | 0 | 37 | 0 | 37 | ||||
| Texas | 463 | -1 | 464 | -63 | 526 | ||||
| Utah | 6 | 0 | 6 | 0 | 6 | ||||
| West Virginia | 22 | 1 | 21 | 5 | 17 | ||||
| Wyoming | 32 | 0 | 32 | 5 | 27 | ||||
| Major Basin Variances | This Week | +/- | Last Week | +/- | Year Ago | ||||
| Ardmore Woodford | 6 | 0 | 6 | 4 | 2 | ||||
| Arkoma Woodford | 2 | 0 | 2 | -6 | 8 | ||||
| Barnett | 1 | 0 | 1 | -3 | 4 | ||||
| Cana Woodford | 47 | -2 | 49 | -21 | 68 | ||||
| DJ-Niobrara | 26 | 0 | 26 | 1 | 25 | ||||
| Eagle Ford | 71 | 0 | 71 | -10 | 81 | ||||
| Granite Wash | 4 | 0 | 4 | -12 | 16 | ||||
| Haynesville | 51 | -2 | 53 | 2 | 49 | ||||
| Marcellus | 59 | 1 | 58 | 6 | 53 | ||||
| Mississippian | 2 | 0 | 2 | -3 | 5 | ||||
| Permian | 443 | 2 | 441 | -32 | 475 | ||||
| Utica | 17 | 0 | 17 | -6 | 23 | ||||
| Williston | 55 | 0 | 55 | -2 | 57 | ||||
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Earlier:
2019, July, 2, 14:30:00
U.S. FOSSIL FUELS UP
Fossil fuels—petroleum, natural gas, and coal—have accounted for at least 80% of energy consumption in the United States for well over a century.
2019, July, 1, 11:30:00
U.S. GAS PRODUCTION UP 12%
In April 2019, for the 24th consecutive month, dry natural gas production increased year to year for the month. The preliminary level for dry natural gas production in April 2019 was 2,708 billion cubic feet (Bcf), or 90.3 Bcf/d. This level was 9.8 Bcf/d (12.2%) higher than the April 2018 level of 80.4 Bcf/d.
2019, July, 1, 11:20:00
U.S. SHALE OIL PROBLEMS
Based on a study of 40 US shale oil companies, looking at cash flow from operating activities, only four companies reported a positive cash flow balance in the first quarter of 2019.
2019, July, 1, 10:55:00
U.S. RIGS UP 0 TO 967
U.S. Rig Count is unchanged from from last week at 967, with oil rigs up 4 to 793, gas rigs down 4 to 173, and miscellaneous rigs unchanged at 1. Canada Rig Count is up 5 rigs from last week to 124, with oil rigs up 4 to 84 and gas rigs up 1 to 40.
2019, June, 24, 12:15:00
U.S. OIL PRODUCTION 12.2 MBD
U.S. crude oil production reached a new all-time high of 12.2 million barrels per day (mb/d) in May 2019
2019, June, 24, 12:10:00
6 UNDERVALUED ENERGY STOCKS ANEW
Let’s see which companies are still undervalued and which ones are out of my radar. Some of them reached their fair value and some other stopped to satisfy my parameters.
2019, June, 24, 11:50:00
U.S. RIGS DOWN 2 TO 967
U.S. Rig Count is down 2 rigs from last week to 967, with oil rigs up 1 to 789, gas rigs down 4 to 177, and miscellaneous rigs up 1 to 1. Canada Rig Count is up 12 rigs from last week to 119, with oil rigs up 11 to 80 and gas rigs up 1 to 39.
Chronicle:
2022, November, 28, 09:59:00
INTERNATIONAL CONGRESS AND EXIBITION TURKEY & BLACK SEA OIL AND GAS
International Congress and Exhibition Turkey & Black Sea Oil and Gas is an international, professional platform, bringing together over 200 C-suite executives from vertically integrated oil companies, general directors, CTOs of oil refineries, gas processing plants and petrochemical facilities, initiators of investment projects on oil and gas extraction from Turkey and countries of the Black Sea area, officials of regulatory authorities, licensors of production technologies and world suppliers for the industry.
2022, November, 28, 09:58:00
TRANSPORTATION OIL AND GAS CONGRESS 2023 (TOGC 2023)
Transportation Oil and Gas Congress 2023 (TOGC 2023) takes place on February 20-21, 2023. The Congress brings together representatives from the whole pipeline chain and focuses on both strategic and technical issues of the oil and gas pipeline transportation.
2022, November, 28, 09:57:00
9TH INTERNATIONAL LNG CONGRESS LNGCON 2023
9th International LNG Congress (LNGCON 2023) 6-7 March, 2023
Link to the Congress website: https://bit.ly/3tXVmr7
2022, November, 28, 09:55:00
EGYPT LNG UP BY 14%
Egypt has two LNG export facilities -- the 7.2 million mt/year Shell-operated Idku facility and the smaller Eni-operated 5 million mt/year Damietta plant.
2022, November, 28, 09:50:00
VIETNAM NEED COAL
Under this baseline scenario, coal would remain the largest source of energy in the country until 2030, with 11 new coal-fired power plants to be built, raising the coal-fired power capacity from over 21 GW in 2020 (nearly 24 GW in 2021) to 30 GW in 2025 and over 36 GW in 2030.
2022, November, 28, 09:45:00
UAE CLEAN ENERGY
“The UAE could be a key player and deliver 25 percent of the production of the global low-carbon hydrogen market by 2030,” the report reads.
2022, November, 28, 09:44:00
DISCUSSING LNG MARKET TRENDS AT LNGCON 2023
The closed-door International LNG Congress 2023 assembles top-level management and technical representatives of the LNG industry to discuss prevailing questions and present innovative solutions in Dusseldorf, Germany on March, 6-7, 2023.