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2019-07-15 12:00:00

U.S. RIGS DOWN 5 TO 958

U.S. RIGS DOWN 5 TO 958

BHGE - U.S. Rig Count is down 5 rigs from last week to 958, with oil rigs down 4 to 784, gas rigs down 2 to 172, and miscellaneous rigs up 1 to 2.

U.S. Rig Count is down 96 rigs from last year's count of 1,054, with oil rigs down 79, gas rigs down 17, and miscellaneous rigs unchanged at 2.

The U.S. Offshore Rig Count is up 2 rigs to 26 and up 7 rigs year-over-year.

Canada Rig Count is down 3 rigs from last week to 117, with oil rigs up 5 to 85 and gas rigs down 8 to 32.

Canada Rig Count is down 80 rigs from last year's count of 197, with oil rigs down 54 and gas rigs down 26.

    Rotary Rig Count      
  7/12/19        
                   
      Week   Year
Location Week +/- Ago +/- Ago
           
Land 930 -6 936 -100 1030
Inland Waters 2 -1 3 -3 5
Offshore 26 2 24 7 19
United States Total 958 -5 963 -96 1054
           
Gulf Of Mexico 26 2 24 7 19
           
Canada 117 -3 120 -80 197
           
North America 1075 -8 1083 -176 1251
           
U.S. Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 784 -4 788 -79 863
Gas 172 -2 174 -17 189
Miscellaneous 2 1 1 0 2
           
Directional 70 4 66 2 68
Horizontal 831 -8 839 -99 930
Vertical 57 -1 58 1 56
           
Canada Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 85 5 80 -54 139
Gas 32 -8 40 -26 58
           
Major State Variances This Week +/- Last Week +/- Year Ago
           
Alaska 8 -1 9 2 6
Arkansas 0 0 0 -1 1
California 17 -1 18 2 15
Colorado 31 2 29 -1 32
Louisiana 69 1 68 11 58
New Mexico 102 0 102 3 99
North Dakota 55 0 55 -2 57
Ohio 18 0 18 -4 22
Oklahoma 98 1 97 -43 141
Pennsylvania 37 0 37 0 37
Texas 456 -7 463 -72 528
Utah 6 0 6 0 6
West Virginia 22 0 22 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 48 1 47 -21 69
DJ-Niobrara 27 1 26 2 25
Eagle Ford 66 -5 71 -15 81
Granite Wash 4 0 4 -11 15
Haynesville 52 1 51 3 49
Marcellus 59 0 59 6 53
Mississippian 2 0 2 -3 5
Permian 437 -6 443 -39 476
Utica 17 0 17 -6 23
Williston 55 0 55 -2 57

 

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Earlier:

U.S. RIGS DOWN 5 TO 958
2019, July, 9, 16:50:00
U.S. LNG DEMAND UP
Demand hit a single-day record high just below 6.4 Bcf/d on July 4 and was estimated at just under that level Monday, data compiled by S&P Global Platts Analytics shows.
U.S. RIGS DOWN 5 TO 958
2019, July, 4, 16:20:00
U.S. OIL INVENTORIES DOWN 1.1 MB TO 468.5 MB
US crude oil inventories for the week ended June 28, excluding the Strategic Petroleum Reserve, decreased by 1.1 million bbl from the previous week, according to data from the US Energy Information Administration.
U.S. RIGS DOWN 5 TO 958
2019, July, 4, 15:45:00
U.S. RIGS DOWN 4 TO 963
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. 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.
U.S. RIGS DOWN 5 TO 958
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.
U.S. RIGS DOWN 5 TO 958
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.
U.S. RIGS DOWN 5 TO 958
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.
U.S. RIGS DOWN 5 TO 958
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.
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Tags: USA, CANADA, OIL, GAS, RIG, COUNT