2022-08-15 12:05:00
U.S. RIGS DOWN 1 TO 763
BAKER HUGHES - August 12, 2022 -
U.S. Rig Count is down 1 from last week to 763 with oil rigs up 3 to 601, gas rigs down 1 to 160 and miscellaneous rigs down 3 to 2.
U.S. Rig Count is up 262 rigs from last year's count of 501 with oil rigs up 203, gas rigs up 58 and miscellaneous down 1.
The U.S. Offshore Rig Count is up 2 to 18, up 4 year-over-year.
Canada Rig Count is down 2 from last week to 201, with oil rigs down 3 to 137, gas rigs up 1 to 64.
Canada Rig Count is up 37 rigs from last year's count of 164, with oil rigs up 37, gas rigs up 1 and miscellaneous 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. | 12 Aug 2022 |
763 | -1 | 05 Aug 2022 |
+262 | 13 Aug 2021 |
Canada | 12 Aug 2022 |
201 | -2 | 05 Aug 2022 |
+37 | 13 Aug 2021 |
International | July 2022 |
833 | +9 | June 2022 |
+82 | July 2021 |
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Earlier:
2022, August, 12, 09:10:00
OIL PRICE: BRENT NEAR $99, WTI NEAR $94
Brent fell 49 cents, or 0.5%, to $99.11 a barrel, WTI fell 50 cents, or 0.5%, to $93.84 a barrel.
2022, August, 12, 09:05:00
OPEC OIL PRICE: $101.29
The price of OPEC basket of thirteen crudes stood at $101.29 a barrel
2022, August, 12, 09:00:00
GLOBAL OIL DEMAND 2022 - 23: 100.0 - 102.7 MBD
For 2023, the forecast for world oil demand growth remains unchanged at 2.7 mb/d, with total oil demand averaging 102.7 mb/d.
2022, August, 12, 08:55:00
OIL PRICES 2022-23: $105 - $95
The spot price of Brent crude oil averaged $71 per barrel (b) in 2021, and we forecast the Brent price will average $104/b in 2022 and $94/b in 2023.
2022, August, 8, 11:50:00
WORLDWIDE RIG COUNT UP 69 TO 1,775
The Worldwide Rig Count for July was 1,775, up 69 from the 1,706 counted in June 2022,and up 395 from the 1,380 counted in July 2021.
2022, August, 8, 11:45:00
U.S. RIGS DOWN 3 TO 764
U.S. Rig Count is down 3 from last week to 764, Canada Rig Count is down 1 from last week to 203.
2022, August, 4, 10:15:00
U.S. OIL INVENTORIES UP BY 4.5 MB TO 426.6 MB
U.S. commercial crude oil inventories increased by 4.5 million barrels to 426.6 million barrels.