2022-01-17 11:10:00
U.S. RIGS UP 13 TO 601
BAKER HUGHES - January 14, 2022 -
U.S. Rig Count is up 13 from last week to 601 with oil rigs up 11 to 492, gas up 2 to 109, and miscellaneous rigs unchanged at 0.
U.S. Rig Count is up 228 rigs from last year's count of 373, with oil rigs up 205 gas rigs up 24 and miscellaneous rigs down 1.
The U.S. Offshore Rig Count is up 2 to 18, up 2 year-over-year.
Canada Rig Count is up 50 from last week to 191, with oil rigs up 43 to 121, gas rigs up 7 to 70.
Canada Rig Count is up 30 rigs from last year's count of 161, with oil rigs up 31, gas rigs down 1.
Area | Last Count | Count | Change from Prior Count | Date of Prior Count | Change from Last Year | Date of Last Year's Count |
U.S. | 14 Jan 2022 |
601 | +13 | 7 Jan 2022 |
+228 | 15 Jan 2021 |
Canada | 14 Jan 2022 |
191 | +50 | 7 Jan 2022 |
+30 | 15 Jan 2021 |
International | Dec 2021 |
834 | +17 | Nov 2021 |
+169 | Dec 2020 |
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Earlier:
2022, January, 12, 10:35:00
OIL PRICES 2022-23: $75-$68
Brent crude oil spot prices averaged $71 per barrel (b) in 2021, and we forecast Brent prices will average $75/b in 2022 and $68/b in 2023.
2022, January, 11, 11:25:00
WORLDWIDE RIG COUNT UP 19 TO 1,563
The Worldwide Rig Count for December was 1,563, up 19 from the 1,544 counted in November 2021,and up 459 from the 1,104 counted in December 2020.
2022, January, 11, 11:20:00
U.S. RIGS UP 2 TO 588
U.S. Rig Count is up 2 from last week to 588, Canada Rig Count is up 51 from last week to 141.
2021, December, 24, 11:40:00
U.S. RIGS UP 7 TO 586
U.S. Rig Count is up 7 from last week to 586, Canada Rig Count is down 34 from last week to 133.
2021, December, 23, 16:15:00
GLOBAL OIL DEMAND RECOVERY
Underlying oil demand fundaments remain strong going into 2022. Pent-up demand is already stretching supply lines to the limit while booster jabs and previous infections lower the chance of serious harm from the virus.
2021, December, 20, 12:05:00
U.S. RIGS UP 3 TO 579
U.S. Rig Count is up 3 from last week to 579, Canada Rig Count is down 10 from last week to 167.
2021, December, 14, 14:35:00
GLOBAL OIL DEMAND 2021: + 5.7 MBD ANEW
World oil demand is kept unchanged compared to last month’s assessment, showing a growth of 5.7 mb/d in 2021.