Upstream
![Upstream](/cache/10-18/USA-814.ca611c3e.jpg)
2018, October, 22, 12:10:00
U.S. OIL PRODUCTION 11 MBD
API - The American Petroleum Institute’s latest monthly statistical report shows the U.S. produced a record 11.0 million barrels of crude oil per day (mb/d) in September. U.S. liquid fuels production grew 2.2 mb/d year-over-year (y/y), and the U.S. met virtually all global oil demand growth. As supply increased, crude oil inventories also rose in September but remained nearly 14 percent below those of September 2017.
![Upstream](/cache/10-18/SCHLUMBERGER-27.dfad7265.jpg)
2018, October, 22, 11:40:00
SCHLUMBERGER NET INCOME $644 MLN
Schlumberger Announces Third-Quarter 2018 Results
Revenue of $8.5 billion increased 2% sequentially
Pretax operating income of $1.2 billion increased 5% sequentially
EPS was $0.46
Cash flow from operations was $1.8 billion
Free cash flow was $1.0 billion
![Upstream](/cache/10-18/RIG-73.247fe19d.jpg)
2018, October, 22, 11:20:00
U.S. RIGS UP 4 TO 1,067
BHGE - U.S. Rig Count is up 4 rigs from last week to 1,067, with oil rigs up 4 to 873, gas rigs up 1 to 194, and miscellaneous rigs down 1 to 0. Canada Rig Count is down 4 rigs from last week to 191, with oil rigs down 4 to 123 and gas rigs unchanged at 68.
![Upstream](/cache/10-18/IRAN-157.634d2913.jpg)
2018, October, 19, 10:50:00
IRANIAN GAS: 1 BLN CMD
SHANA - Managing Director of the Iranian Gas Engineering and Development Company (IGEDC) Hassan Montazer Torbati said the supply of one billion cubic meters per day of natural gas by National Iranian Gas Company (NIGC) was one of the goals of the company by 2021.
![Upstream](/cache/10-18/NORWAY-165.091e036c.jpg)
2018, October, 19, 10:40:00
NORWAY'S PETROLEUM PRODUCTION 1.6 MBD
NPD - Preliminary production figures for September 2018 show an average daily production of 1 607 000 barrels of oil, NGL and condensate, which is a decrease of 255 000 barrels per day compared to August.
![Upstream](/cache/10-18/ENERGY-26.7b48af5a.jpg)
2018, October, 17, 10:20:00
INDIA'S PIVOTAL IMPORTANCE
OPEC - We forecast that primary energy demand, globally, is expected to increase by 33%, or 91 mboe/d, between 2015 and 2040. A massive 24% of this anticipated increase will be from India, or 22 mboe/d.
![Upstream](/cache/10-18/usa-807.58646394.jpg)
2018, October, 17, 09:40:00
U.S. PRODUCTION: OIL + 98 TBD, GAS + 957 MCFD
U.S. EIA - Crude oil production from the major US onshore regions is forecast to increase 98,000 b/d month-over-month in November from 7,616 to 7,714 thousand barrels/day , gas production to increase 957 million cubic feet/day from 73,104 to 74,061 million cubic feet/day .
![Upstream](/cache/10-18/RIG-72.26c99f5a.jpg)
2018, October, 15, 12:00:00
U.S. RIGS UP 11 TO 1,063
BHGE - U.S. Rig Count is up 11 rigs from last week to 1,063, with oil rigs up 8 to 869, gas rigs up 4 to 193, and miscellaneous rigs down 1 to 1. Canada Rig Count is up 13 rigs from last week to 195, with oil rigs up 8 to 127 and gas rigs up 5 to 68.
![Upstream](/cache/10-18/PRICE-318.ff4e562a.jpg)
2018, October, 12, 11:30:00
OPEC: OIL DEMAND UP BY 1.54 MBD
OPEC - In 2018, world oil demand growth is estimated at 1.54 mb/d, following a downward revision of around 80 tb/d from the previous month’s assessment, mainly to reflect the most up-to-date data in OECD Europe and the Middle East, as well as the latest developments in the economies of in Latin America.
![Upstream](/cache/10-18/NOVATEK-21.76031d23.jpg)
2018, October, 12, 11:20:00
NOVATEK'S PRODUCTION UP BY 4.9%
NOVATEK - NOVATEK’s hydrocarbons production totaled 402.2million barrels of oil equivalent (boe), including 50.31 billion cubic meters (bcm) of natural gas and 8,775 thousand tons of liquids (gas condensate and crude oil), resulting in an increase in total hydrocarbons production by 18.9 million boe, or by 4.9%, as compared with the nine months 2017.
![Upstream](/cache/10-18/LIBYA-31.49a2b17a.jpg)
2018, October, 10, 07:35:00
BP AND ENI IN LIBYA
BP - Libya’s National Oil Corporation, BP and Eni today signed an agreement expected to lead to Eni and BP working together to resume exploration activities on a major exploration and production contract in Libya.
![Upstream](/cache/10-18/PRICE-303.070f625c.jpg)
2018, October, 8, 10:45:00
RUSSIA'S - SAUDIS OIL RISKS
PLATTS - "Prices are continuing to rise and I think that proves the point that it is not the fundamentals of oil supply and demand that is behind this price increase," Saudi energy minister Khalid al-Falih said, during a key session of the forum Thursday.
![Upstream](/cache/10-18/PRICE-306.7ed99bd7.jpg)
2018, October, 8, 10:40:00
RUSSIAN - IRANIAN PROSPECTS
SHANA - In sum, Iran and Russia know what to do under the current circumstances…We have good prospects for cooperation. The five committees that were set up between Iran and Gazprom met in Tehran and drew up minutes. Committees and their members were identified, and now there is a relationship between the two countries in terms of technology transfer. Gazprom is interested in investing in Iran's oil and gas sector.
![Upstream](/cache/10-18/RIG-69.c5339e2b.jpg)
2018, October, 8, 10:10:00
U.S. RIGS DOWN 2 TO 1,052
BAKER HUGHES A GE - U.S. Rig Count is down 2 rigs from last week to 1,052, with oil rigs down 2 to 861, gas rigs unchanged at 189, and miscellaneous rigs unchanged at 2. Canada Rig Count is up 4 rigs from last week to 182, with oil rigs down 3 to 119 and gas rigs up 7 to 63.
![Upstream](/cache/10-18/RIG-68.be96ecea.jpg)
2018, October, 8, 10:00:00
WORLDWIDE RIG COUNT DOWN 20 TO 2,258
BAKER HUGHES A GE - The worldwide rig count for September 2018 was 2,258, down 20 from the 2,278 counted in August 2018, and up 177 from the 2,081 counted in September 2017.