N.America
![N.America](/cache/2017/01/RIG-6.b51333fc.jpg)
2017, January, 9, 18:35:00
WORLDWIDE RIG COUNT DOWN 197
Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for December 2016 was 929, up 4 from the 925 counted in November 2016, and down 166 from the 1,095 counted in December 2015. The international offshore rig count for December 2016 was 210, down 1 from the 211 counted in November 2016, and down 40 from the 250 counted in December 2015.
![N.America](/cache/2017/01/USA-423.e31f088d.jpg)
2017, January, 9, 18:30:00
U.S. RIGS UP 7
U.S. Rig Count is up 1 rig from last year's count of 664, with oil rigs up 13, gas rigs down 13, and miscellaneous rigs up 1.
Canadian Rig Count is up 39 rigs from last year's count of 166, with oil rigs up 10, gas rigs up 28, and miscellaneous rigs up 1.
![N.America](/cache/2017/01/USA-317.4838832a.jpg)
2017, January, 5, 20:00:00
U.S. RIGS UP 5
U.S. Rig Count is down 40 rigs from last year's count of 698, with oil rigs down 11, gas rigs down 30, and miscellaneous rigs up 1.
Canadian Rig Count is up 74 rigs from last year's count of 83, with oil rigs up 40, gas rigs up 29, and miscellaneous rigs up 5.
![N.America](/cache/2016/12/usa-422.04e1ef9b.jpg)
2016, December, 29, 18:35:00
SHALE OIL COMPANIES UP
If oil passes $70 a barrel, the U.S. could start pumping out an extra million barrels a day, offsetting much of the planned cut from the Organization of Petroleum Exporting Countries, according to a Citigroup Inc. analysis.
![N.America](/cache/2016/12/USA-421.9b093dd8.jpg)
2016, December, 29, 18:30:00
U.S. SHALE DRILLERS UP
U.S. shale drillers are set to ramp up spending on exploration and production next year as recovering oil prices prompt banks to extend credit lines for the first time in two years.
![N.America](/cache/2016/12/USA-316.5bae8288.jpg)
2016, December, 26, 18:30:00
U.S. RIGS UP 16
U.S. Rig Count is down 47 rigs from last year's count of 700, with oil rigs down 15, gas rigs down 33, and miscellaneous rigs up 1.
Canadian Rig Count is up 98 rigs from last year's count of 126, with oil rigs up 62, gas rigs up 31, and miscellaneous rigs up 5.
![N.America](/cache/2016/12/USA-315.27cda525.png)
2016, December, 20, 18:30:00
U.S. RIGS UP 13
U.S. Rig Count is down 72 rigs from last year's count of 709, with oil rigs down 31, gas rigs down 42, and miscellaneous rigs up 1.
Canadian Rig Count is up 72 rigs from last year's count of 162, with oil rigs up 45, gas rigs up 25, and miscellaneous rigs up 2.
![N.America](/cache/2016/12/USA-420-2.5b1646f1.png)
2016, December, 16, 18:45:00
U.S. DEFICIT: $113 BLN
The U.S. current account deficit decreased to $113.0 billion (preliminary) in the third quarter of 2016 from $118.3 billion (revised) in the second quarter of 2016, according to statistics released by the Bureau of Economic Analysis (BEA). The deficit decreased to 2.4 percent of
current-dollar gross domestic product (GDP) from 2.6 percent in the second quarter.
![N.America](/cache/2016/12/EXXON-28.d8c4f749.jpg)
2016, December, 14, 18:40:00
EXXON HEAD'S CHOICE
President-elect Donald Trump named the head of Exxon Mobil Corp, Rex Tillerson, as his choice for U.S. secretary of state on Tuesday and won backing from some Republican foreign policy figures ahead of a possible Senate fight over the oilman's ties to Russia.
![N.America](/cache/2016/12/USA-419.0448e6c8.jpg)
2016, December, 14, 18:30:00
U.S. OIL GAS PRODUCTION DOWN
December 2016 U.S. oil production will down 20 tbd, gas production will down 94 mcfd.
![N.America](/cache/2016/12/USA-411.c45ff780.jpg)
2016, December, 12, 18:30:00
U.S. RIGS UP 27
U.S. Rig Count is down 85 rigs from last year's count of 709, with oil rigs down 26, gas rigs down 60, and miscellaneous rigs up 1.
Canadian Rig Count is up 56 rigs from last year's count of 174, with oil rigs up 44, gas rigs up 11, and miscellaneous rigs up 1.
![N.America](/cache/2016/12/USA-410-2.b801ab0a.jpg)
2016, December, 7, 18:40:00
U.S. DEFICIT: $42.6 BLN
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that the goods and services deficit was $42.6 billion in October, up $6.4 billion from $36.2 billion in September.
![N.America](/cache/2016/12/MEXICO-17.f493376c.jpg)
2016, December, 6, 18:35:00
CHINA'S VICTORY IN MEXICO
The auction of the deepwater blocks, four in the Perdido Fold belt near the US side of the Gulf and six in the unexplored Salina basin further south, marked the culmination of the first round of auctions since Mexico enacted a sweeping reform to open a sector closed to private exploration and production for nearly 80 years.
![N.America](/cache/2016/12/USA-407.a6db3120.jpg)
2016, December, 2, 18:55:00
U.S. OIL BENEFITS
Shares in US oil companies soared on Wednesday as Opec ministers meeting in Vienna agreed a plan to cut output by 1.2m barrels per day.
“The biggest beneficiaries from this Opec move are the US shale players,” said Mike Kelly, head of exploration and production company research at Seaport Global Securities.
![N.America](/cache/2016/11/USA-406.9cde4185.jpg)
2016, November, 24, 18:30:00
U.S. RIGS UP 5
U.S. Rig Count is down 151 rigs from last year's count of 744, with oil rigs down 81, gas rigs down 71, and miscellaneous rigs up 1.
Canadian Rig Count is down 10 rigs from last year's count of 184, with oil rigs up 13, gas rigs down 25, and miscellaneous rigs up 2.