U.S. RIGS DOWN 1 TO 790
BAKER HUGHES - U.S. Rig Count is down 1 rig from last week to 790, with oil rigs down 1 to 678, gas rigs unchanged at 110, and miscellaneous rigs unchanged at 2.
U.S. Rig Count is down 248 rigs from last year's count of 1,038, with oil rigs down 165, gas rigs down 85, and miscellaneous rigs up 2 to 2.
The U.S. Offshore Rig Count is unchanged at 22 unchanged year-over-year.
Canada Rig Count is down 4 rigs from last week to 240, with oil rigs down 6 to 163 and gas rigs up 2 to 77.
Canada Rig Count is up 29 rigs from last year's count of 211, with oil rigs up 23 and 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|
2020, February, 24, 09:55:00U.S. RIGS UP 1 TO 791
U.S. Rig Count is up 1 rig from last week to 791, Canada Rig Count is down 11 rigs from last week to 244
2020, February, 19, 11:30:00U.S. PRODUCTION: OIL +18 TBD, GAS (-172) MCFD
Crude oil production from the major US onshore regions is forecast to increase 18,000 b/d month-over-month in February from 9,157 to 9,175 thousand barrels/day, gas production to decrease 172 million cubic feet/day from 85,619 to 85,447 million cubic feet/day .
2020, February, 19, 11:25:00U.S., RUSSIA, VENEZUELA SANCTIONS UP
The US on Tuesday imposed sanctions on Rosneft Trading SA, the Geneva-based subsidiary of the Russian state oil company, for supporting Venezuela's oil sector by continuing to trade with sanctions-hit PDVSA
2020, February, 19, 11:20:00ROSNEFT: US SANCTIONS ARE ILLEGAL
The sanctions announced by the U.S. Treasury Department against Rosneft’s subsidiary RTSA and its Chairman are illegal, unjustified, and an act of legal abuse.
2020, February, 17, 11:20:00U.S. RIGS UNCHANGED TO 790 ANEW
U.S. Rig Count is unchanged from last week at 790, Canada Rig Count is down 2 rigs from last week to 255,
2020, February, 12, 12:00:00U.S. SHALE GAS WRITE-DOWNS
EQT Corp, the largest U.S. gas producer, recently said it would take a write-down of as much as $1.8 billion, following CNX Resources Corp, Royal Dutch Shell Plc and Chevron Corp in reducing the value of gas properties.
2020, February, 10, 10:30:00U.S. LNG COMPANIES DOWN
U.S. gas producers are counting on LNG exports to absorb record production from the shale boom. Those exports jumped 68% to a record 5.0 billion cubic feet per day in 2019 after soaring 53% in 2018.