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2019-09-30 14:50:00

U.S. RIGS DOWN 8 TO 860

U.S. RIGS DOWN 8 TO 860

BHGE - U.S. Rig Count is down 8 rigs from last week to 860, with oil rigs down 6 to 713, gas rigs down 2 to 146, and miscellaneous rigs unchanged at 1.

U.S. Rig Count is down 194 rigs from last year's count of 1,054, with oil rigs down 150, gas rigs down 43, and miscellaneous rigs down 1 rig to 1.

The U.S. Offshore Rig Count is down 1 rig to 24 and up 4 rigs year-over-year.

Canada Rig Count is up 8 rigs from last week to 127, with oil rigs up 6 to 88 and gas rigs up 2 to 39.

Canada Rig Count is down 51 rigs from last year's count of 178, with oil rigs down 34 and gas rigs down 17. 

    Rotary Rig Count      
  9/27/19        
                   
      Week   Year
Location Week +/- Ago +/- Ago
           
Land 835 -7 842 -194 1029
Inland Waters 1 0 1 -4 5
Offshore 24 -1 25 4 20
United States Total 860 -8 868 -194 1054
           
Gulf Of Mexico 22 -1 23 4 18
           
Canada 127 8 119 -51 178
           
North America 987 0 987 -245 1232
           
U.S. Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 713 -6 719 -150 863
Gas 146 -2 148 -43 189
Miscellaneous 1 0 1 -1 2
           
Directional 57 -4 61 -12 69
Horizontal 752 -4 756 -170 922
Vertical 51 0 51 -12 63
           
Canada Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 88 6 82 -34 122
Gas 39 2 37 -17 56
           
Major State Variances This Week +/- Last Week +/- Year Ago
           
Alaska 8 0 8 2 6
California 15 0 15 2 13
Colorado 25 -1 26 -8 33
Louisiana 56 -1 57 -6 62
New Mexico 109 0 109 12 97
North Dakota 53 0 53 0 53
Ohio 11 0 11 -7 18
Oklahoma 66 0 66 -75 141
Pennsylvania 36 0 36 -8 44
Texas 418 -5 423 -111 529
Utah 3 0 3 -3 6
West Virginia 16 0 16 3 13
Wyoming 34 -1 35 5 29
                   
Major Basin Variances This Week +/- Last Week +/- Year Ago
           
Ardmore Woodford 2 0 2 -1 3
Arkoma Woodford 3 0 3 -4 7
Barnett 4 0 4 2 2
Cana Woodford 38 2 36 -29 67
DJ-Niobrara 22 -1 23 -6 28
Eagle Ford 62 -1 63 -17 79
Granite Wash 2 -1 3 -11 13
Haynesville 50 0 50 0 50
Marcellus 50 0 50 -5 55
Mississippian 2 0 2 -2 4
Permian 414 -3 417 -72 486
Utica 12 0 12 -8 20
Williston 53 0 53 0 53

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Earlier:

U.S. RIGS DOWN 8 TO 860
2019, September, 26, 13:45:00
U.S. OIL INVENTORIES UP 2.4 MB TO 419.5 MB
At 419.5 million barrels, U.S. crude oil inventories are at the five year average for this time of year
U.S. RIGS DOWN 8 TO 860
2019, September, 23, 13:40:00
U.S. RIGS DOWN 18 TO 868
U.S. Rig Count is down 18 rigs from last week to 868, with oil rigs down 14 to 719, gas rigs down 5 to 148, and miscellaneous rigs up 1 to 1. Canada Rig Count is down 15 rigs from last week to 119, with oil rigs down 11 to 82 and gas rigs down 4 to 37.
U.S. RIGS DOWN 8 TO 860
2019, September, 19, 14:25:00
SAUDI ARABIA, U.S. COALITION
Saudi Arabia on Wednesday announced it has joined the International Maritime Security Construct to secure the Mideast's waterways.
U.S. RIGS DOWN 8 TO 860
2019, September, 19, 14:10:00
80%: U.S. FOSSIL FUELS ENERGY
The share of U.S. total energy consumption that originated from fossil fuels has fallen from its peak of 94% in 1966 to 80% in 2018. The total amount of fossil fuels consumed in the United States has also fallen from its peak of 86 quads in 2007. Since then, coal consumption decreased by 10 quads and petroleum by 2 quads, more than offsetting a 7 quad increase in natural gas consumption.
U.S. RIGS DOWN 8 TO 860
2019, September, 17, 12:55:00
2020: WORLD OIL DEMAND WILL UP BY 1.08 MBD
World oil demand in 2019 is expected to grow by 1.02 mb/d, which is 0.08 mb/d lower than last month’s projection. The drop can be attributed to weaker-than-expected data in 1H19 from various global demand centres and slower economic growth projections for the remainder of the year. Both OECD and non-OECD demand growth forecasts were revised lower, by 0.03 mb/d and 0.05 mb/d, respectively. In 2020, world oil demand is projected to increase by 1.08 mb/d.
U.S. RIGS DOWN 8 TO 860
2019, September, 17, 12:50:00
U.S. PRODUCTION: OIL + 74 TBD, GAS + 469 MCFD
U.S. EIA - Crude oil production from the major US onshore regions is forecast to increase 74,000 b/d month-over-month in September from 8,769 to 8,843 thousand barrels/day, gas production to increase 469 million cubic feet/day from 81,893 to 82,362 million cubic feet/day .
U.S. RIGS DOWN 8 TO 860
2019, September, 16, 14:10:00
U.S. RIGS DOWN 12 TO 886
U.S. Rig Count is down 12 rigs from last week to 886, with oil rigs down 5 to 733, gas rigs down 7 to 153, and miscellaneous rigs unchanged at 0. Canada Rig Count is down 13 rigs from last week to 134, with oil rigs down 9 to 93 and gas rigs down 4 to 41.
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Tags: USA, CANADA, OIL, GAS, RIG, COUNT