2022-02-14 11:35:00
U.S. RIGS UP 22 TO 635
BAKER HUGHES - February 11, 2022 -
U.S. Rig Count is up 22 from last week to 635 with oil rigs up 19 to 516, gas up 2 to 118, and miscellaneous rigs up 1 to 1.
U.S. Rig Count is up 238 rigs from last year's count of 397 with oil rigs up 210 gas rigs up 28 and miscellaneous unchanged at 1.
The U.S. Offshore Rig Count is unchanged at 16, down 1 year-over-year.
Canada Rig Count is up 1 from last week to 219, with oil rigs up 1 to 137, gas rigs unchanged at 82.
Canada Rig Count is up 43 rigs from last year's count of 176, with oil rigs up 36, gas rigs up 7.
Area | Last Count | Count | Change from Prior Count | Date of Prior Count | Change from Last Year | Date of Last Year's Count |
U.S. | 11 Feb 2022 |
635 | +22 | 4 Feb 2022 |
+238 | 12 Feb 2021 |
Canada | 11 Feb 2022 |
219 | +1 | 4 Feb 2022 |
+43 | 12 Feb 2021 |
International | Jan 2022 |
841 | +7 | Dec 2021 |
+164 | Jan 2021 |
-----
Earlier:
2022, February, 9, 12:25:00
OIL PRICES 2022-23: $87-$68
This dynamic leads to rising global oil inventories from 2Q22 through the end of 2023, and the Brent spot price will fall to an average of $87/b in 2Q22 and $75/b in 4Q22. The Brent price will average $68/b for all of 2023.
2022, February, 7, 11:05:00
WORLDWIDE RIG COUNT UP 69 TO 1,632
The Worldwide Rig Count for January was 1,632, up 69 from the 1,563 counted in December 2021,and up 449 from the 1,183 counted in January 2021.
2022, February, 7, 11:00:00
U.S. RIGS UP 3 TO 613
U.S. Rig Count is up 3 from last week to 613 , Canada Rig Count is up 1 from last week to 218.
2022, January, 24, 11:50:00
U.S. RIGS UP 3 TO 604
U.S. Rig Count is up 3 from last week to 604, Canada Rig Count is up 21 from last week to 212.
2022, January, 17, 11:10:00
U.S. RIGS UP 13 TO 601
U.S. Rig Count is up 13 from last week to 601, Canada Rig Count is up 50 from last week to 191.
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.