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2020-05-18 08:00:00

U.S. RIGS DOWN 35 TO 339

U.S. RIGS DOWN 35 TO 339

BAKER HUGHES -  U.S. Rig Count is down 35 rigs from last week to 339, with oil rigs down 34 to 258, gas rigs down 1 to 79, and miscellaneous rigs unchanged at 2.

U.S. Rig Count is down 648 rigs from last year's count of 987, with oil rigs down 544, gas rigs down 106, and miscellaneous rigs up 2 to 2.

The U.S. Offshore Rig Count is down 3 rigs from last week to 12 and down 10 year-over-year.

Canada Rig Count is down 3 rigs from last week to 23, with oil rigs unchanged at 7 and gas rigs down 3 to 16.

Canada Rig Count is down 40 rigs from last year's count of 63, with oil rigs down 15 and gas rigs down 25.

AreaLast CountCountChange from Prior CountDate of Prior CountChange from Last YearDate of Last Year's Count
U.S. 15 May
2020
339 -35 8 May
2020
-648 17 May
2019
Canada 15 May
2020
23 -3 8 May
2020
-40 17 May
2019
International Apr
2020
915 -144 Mar
2020
-147 Apr
2019

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Earlier:

U.S. RIGS DOWN 35 TO 339
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),
U.S. RIGS DOWN 35 TO 339
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.
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Tags: USA, CANADA, OIL, GAS, RIG, COUNT