2020-11-09 12:50:00
U.S. RIGS UP 4 TO 300
BAKER HUGHES - November 6, 2020 -
U.S. Rig Count is up 4 from last week to 300 with oil rigs up 5 to 226, gas rigs down 1 to 71, and miscellaneous rigs unchanged at 3.
U.S. Rig Count is down 517 rigs from last year's count of 817, with oil rigs down 458, gas rigs down 59 and miscellaneous rigs unchanged at 3.
The U.S. Offshore Rig Count is down 1 to 12, down 11 year-over-year.
Canada Rig Count is unchanged from last week at 86, with oil rigs down 3 to 37, gas rigs up 3 to 49.
Canada Rig Count is down 54 rigs from last year's count of 140, with oil rigs down 60, gas rigs up 6.
| Area | Last Count | Count | Change from Prior Count | Date of Prior Count | Change from Last Year | Date of Last Year's Count |
|---|---|---|---|---|---|---|
| U.S. | 6 Nov 2020 |
300 | +4 | 30 Oct 2020 |
-517 | 8 Nov 2019 |
| Canada | 6 Nov 2020 |
86 | 0 | 30 Oct 2020 |
-54 | 8 Nov 2019 |
| International | Oct 2020 |
656 | -46 | Sept 2020 |
-474 | Oct 2019 |
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Earlier:
2020, November, 2, 16:55:00
U.S. RIGS UP 9 TO 296
U.S. Rig Count is up 9 from last week to 296, Canada Rig Count is up 3 from last week to 86.
2020, October, 29, 17:10:00
U.S. OIL INVENTORIES UP BY 4.3 MB TO 492.4 MB
U.S. commercial crude oil inventories increased by 4.3 million barrels to 492.4 million barrels,
2020, October, 26, 14:00:00
U.S. SHALE SURVIVORS
The sector is in full-on merger mode in response to oil prices that have been stuck at around $40 a barrel in recent months after the Covid-19 pandemic hit global demand.
2020, October, 26, 13:20:00
U.S. RIGS UP 5 TO 287
U.S. Rig Count is up 5 from last week to 287, Canada Rig Count is up 3 from last week to 83,
2020, October, 19, 14:35:00
U.S. SHALE RECOVERY
US oil production is unlikely to return to a pre-pandemic peak of more than 13 million b/d,
2020, October, 19, 14:00:00
U.S. RIGS UP 13 TO 282
U.S. Rig Count is up 13 from last week to 282, Canada Rig Count is unchanged from last week at 80,
2020, October, 12, 11:40:00
U.S. SHALE EFFICIENCY
To achieve financial sustainability, companies need to focus on capital efficiency across the value chain.
