2022-08-01 10:10:00
U.S. RIGS UP 9 TO 767
BAKER HUGHES - July 29, 2022 -
U.S. Rig Count is up 9 from last week to 767 with oil rigs up 6 to 605, gas rigs up 2 to 157 and miscellaneous rigs up 1 to 5.
U.S. Rig Count is up 279 rigs from last year's count of 488 with oil rigs up 220, gas rigs up 54 and miscellaneous rigs up 5.
The U.S. Offshore Rig Count is up 1 to 17, up 3 year-over-year.
Canada Rig Count is up 9 from last week to 204, with oil rigs up 13 to 137, gas rigs down 4 to 67.
Canada Rig Count is up 51 rigs from last year's count of 153, with oil rigs up 44, gas rigs up 8 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. | 29 July 2022 |
767 | +9 | 22 July 2022 |
+279 | 30 July 2021 |
| Canada | 29 July 2022 |
204 | +9 | 22 July 2022 |
+51 | 30 July 2021 |
| International | June 2022 |
824 | +7 | May 2022 |
+66 | June 2021 |
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Earlier:
2022, July, 26, 10:55:00
OIL PRICE: BRENT NEAR $107, WTI ABOVE $98
Brent rose $1.66, or 1.6%, to $106.81 a barrel, WTI increased $1.47, or 1.5%, to $98.17 a barrel.
2022, July, 26, 10:50:00
OPEC OIL PRICE: $107.66
The price of OPEC basket of thirteen crudes stood at $107.66 a barrel
2022, July, 26, 10:05:00
U.S. RIGS UP 2 TO 758
U.S. Rig Count is up 2 from last week to 758, Canada Rig Count is up 4 from last week to 195.
2022, July, 21, 14:10:00
OIL PRICE: BRENT NEAR $102, WTI NEAR $95
Brent lost $5.13, or 4.8%, to $101.79 a barrel, WTI were down $5.05, or 5.06%, at $94.83.
2022, July, 21, 13:40:00
U.S. RIGS UP 4 TO 756
U.S. Rig Count is up 4 from last week to 756, Canada Rig Count is up 16 from last week to 191.
2022, July, 13, 11:45:00
OIL PRICES 2022-23: $104 - $94
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, May, 27, 12:00:00
U.S. OIL INVENTORIES DOWN BY 1.0 MB TO 419.8 MB
U.S. commercial crude oil inventories decreased by 1.0 million barrels to 419.8 million barrels.
Chronicle:
2022, September, 28, 12:14:00
2022 SAUDI PIPELINES INTERNATIONAL CONFERENCE & EXIBITIONS
Eventat Co (a Saudi local company) is hosting the first-ever “2022 Saudi Pipelines International Conference & Exhibitions” from 4-6 October, 2022 at the Dhahran Expo, Dammam (Eastern Province), Kingdom of Saudi Arabia.
The three-day conference and exhibition are dedicated to bringing together over “50+ Regional/International speakers, 100+ Sponsors/Exhibitors, 1000+ Delegates and 3000+ Visitors” from around the globe who carry significant interest in enhancing the pipelines lifecycle for the current and future.
2022, September, 28, 12:13:00
INTERNATIONAL CONGRESS AND EXIBITION TURKEY & BLACK SEA OIL AND GAS
International Congress and Exhibition Turkey & Black Sea Oil and Gas is an international, professional platform, bringing together over 200 C-suite executives from vertically integrated oil companies, general directors, CTOs of oil refineries, gas processing plants and petrochemical facilities, initiators of investment projects on oil and gas extraction from Turkey and countries of the Black Sea area, officials of regulatory authorities, licensors of production technologies and world suppliers for the industry.
2022, September, 28, 12:12:00
Pipelines In A Sustainable Future And Other Highlights Of TOGC 2023(TOGC 2023)
Transportation Oil and Gas Congress (TOGC) is held on February, 20-21, 2023, Istanbul, Türkiye. During 2 days of intensive networking participants get direct access to the whole pipeline chain. Among the highlights of the program are Panels, show type sessions based on discussion between panelists. They discuss the role of pipelines in a sustainable future, digital transformation and optimization of the pipeline industry, pipeline economics and pipeline integrity, H2 in Gas Grid.
2022, September, 28, 12:11:00
TRANSPORTATION OIL AND GAS CONGRASS 2023 (TOGC 2023)
Transportation Oil and Gas Congress 2023 (TOGC 2023) takes place on February 20-21, 2023. The Congress brings together representatives from the whole pipeline chain and focuses on both strategic and technical issues of the oil and gas pipeline transportation.
2022, September, 28, 12:10:00
NORWAY OIL, GAS PRODUCTION 1.998 MBD
Preliminary production figures for August 2022 show an average daily production of 1 998 000 barrels of oil, NGL and condensate.
2022, September, 28, 12:05:00
U.S. FEDERAL FUNDS RATE 3.00 - 3.25%
The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. In support of these goals, the Committee decided to raise the target range for the federal funds rate to 3 to 3-1/4 percent and anticipates that ongoing increases in the target range will be appropriate.
2022, September, 28, 12:04:00
9TH INTERNATIONAL LNG CONGRESS LNGCON 2023
9th International LNG Congress (LNGCON 2023) 6-7 March, 2023
Link to the Congress website: https://bit.ly/3tXVmr7