2022-03-09 13:05:00
WORLDWIDE RIG COUNT UP 37 TO 1,669
BAKER HUGHES - March 4, 2022 -
International Rig Count is down 28 rigs from last month to 813 with land rigs down 21 to 625, offshore rigs down 7 to 188.
International Rig Count is up 112 rigs from last year's count of 701, with land rigs up 89, offshore rigs up 23.
The average U.S. Rig Count for February was 636 up 35 from last months count of 601 and up 238 year-over-year.
The average Canada Rig Count for February was 220 up 30 from last months count of 190 and up 49 year-over-year.
The Worldwide Rig Count for February was 1,669, up 37 from the 1,632 counted in January 2022,and up 399 from the 1,270 counted in February 2021.
| Area | Last Count | Count | Change from Prior Count | Date of Prior Count | Change from Last Year | Date of Last Year's Count |
| U.S. | 04 Mar 2022 |
650 | 0 | 25 Feb 2022 |
+247 | 05 Mar 2021 |
| Canada | 04 Mar 2022 |
217 | -7 | 25 Feb 2022 |
+76 | 05 Mar 2021 |
| International | Feb 2022 |
813 | -28 | Jan 2021 |
+112 | Jan 2021 |
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Earlier:
2022, March, 4, 12:20:00
OIL PRICE: NEAR $110
Brent rose at $111.19, WTI rose $1.21, or 1.1%, to $108.88.
2022, March, 4, 12:10:00
OIL: RELEASE OF 60 MB
he initial release of 60 mbl accounts for 4% of those stockpiles (1.5 Gbl) and would represent 2 mbl/d for 30 days
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, January, 20, 15:50:00
GLOBAL OIL DEMAND WILL UP TO 100 MBD
World oil demand was seen rising by 5.5 million b/d in 2021 and by 3.3 million b/d in 2022, the IEA said, surpassing its pre-pandemic levels by 200,000 b/d to 99.7 million b/d.
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.
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, 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.
