2020-05-25 12:15:00
U.S. RIGS DOWN 21 TO 318
BAKER HUGHES - U.S. Rig Count is down 21 rigs from last week to 318 with oil rigs down 21 to 237, gas rigs unchanged at 79, and miscellaneous rigs unchanged at 2.
U.S. Rig Count is down 665 rigs from last year's count of 983, with oil rigs down 560, gas rigs down 107, and miscellaneous rigs up 2 to 2.
The U.S. Offshore Rig Count is unchanged at 12 and down 10 year-over-year.
Canada Rig Count is down 2 rigs from last week to 21, with oil rigs up 1 to 8 and gas rigs down 3 to 13.
Canada Rig Count is down 57 rigs from last year's count of 78, with oil rigs down 30 and gas rigs down 27.
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Earlier:
2020, May, 21, 12:35:00
U.S. RIGS: THE LOWEST LEVEL
Producers were operating the fewest oil and natural gas drilling rigs on record in the United States at 339 on May 12, the lowest level in the Baker Hughes Company’s rig count data series that dates back to 1987.
2020, May, 19, 11:50:00
U.S. PRODUCTION: OIL (-197) TBD, GAS (-779) MCFD
Crude oil production from the major US onshore regions is forecast to decrease 197,000 b/d month-over-month in May from 8,019 to 7,822 thousand barrels/day, gas production to decrease 779 million cubic feet/day from 82,249 to 81,470 million cubic feet/day .
2020, May, 18, 08:00:00
U.S. RIGS DOWN 35 TO 339
U.S. Rig Count is down 35 rigs from last week to 339, Canada Rig Count is down 3 rigs from last week to 23
2020, May, 15, 11:50:00
U.S. OIL DEMAND DOWN TO 14.2 MBD
Reduced economic activity resulting from shelter-in-place restrictions due to COVID-19 drove significant near-term disruptions to energy markets in the month of April with U.S. petroleum demand falling nearly 27 percent to 14.2 million barrels per day (mb/d),
2020, May, 14, 16:10:00
U.S. OIL DEMAND UPDOWN
EIA expects U.S. total liquid fuels consumption will rise from an average of 15.9 million b/d in the second quarter of 2020 to 18.7 million b/d in the third quarter of 2020 and then to average 19.8 million b/d in 2021, up 8% from 2020, but lower than 2019 levels.
