N.America
![N.America](/cache/2016/09/ANADARKO-8.d7d9e4a0.jpg)
2016, September, 13, 14:40:00
ANADARKO BOUGHT MEXICO $2 BLN
We expect these acquired assets to generate substantial free cash flow,(1) enhancing our ability to increase US onshore activity in the Delaware and DJ basins. Our current plans are to add two rigs in each play later this year, and to increase activity further thereafter, with an expectation of more than doubling our production to at least 600,000 BOE per day collectively from these two basins over the next five years.
![N.America](/cache/2016/09/USA-358.13a4484f.jpg)
2016, September, 13, 14:35:00
U.S. OIL & GAS PRODUCTION DOWN
U.S. oil production down 61 tbd, gas production doun 302 mcfd.
![N.America](/cache/2016/09/USA-348.75551743.jpg)
2016, September, 13, 14:30:00
U.S. RIGS UP 11
U.S. Rig Count is down 340 rigs from last year's count of 848, with oil rigs down 238, gas rigs down 104, and miscellaneous rigs up 2.
Canadian Rig Count is down 51 rigs from last year's count of 185, with oil rigs up 4, gas rigs down 56, and miscellaneous rigs up 1.
![N.America](/cache/2016/09/SUNCOR-10.0fb0a52c.jpg)
2016, September, 8, 18:30:00
SUNCOR WANTS TO CUT
Oil sands are one of the world’s most expensive and are also among the most carbon dioxide-intensive forms of crude-oil extraction.
![N.America](/cache/2016/09/SPECTRA-1.1d1a1bf2.jpg)
2016, September, 7, 18:30:00
ENBRIGE & SPECTRA: $127 BLN
Enbridge Inc. and Spectra Energy Corp. have entered into a definitive merger agreement under which the two companies will combine in a stock-for-stock merger transaction. The combination will create the largest energy infrastructure company in North America and one of the largest globally, the companies said, based on a pro-forma enterprise value of roughly $127 billion.
![N.America](/cache/2016/09/USA-347.dadcaa84.jpg)
2016, September, 5, 18:30:00
U.S. RIGS UP 8
U.S. Rig Count is down 367 rigs from last year's count of 864, with oil rigs down 255, gas rigs down 114, and miscellaneous rigs up 2.
Canadian Rig Count is down 50 rigs from last year's count of 187, with oil rigs down 1, and gas rigs down 49.
![N.America](/cache/2016/08/ALASKA-2.19188c48.jpg)
2016, August, 30, 18:40:00
ALASKA LNG: LEAST COMPETITIVE
“The Alaska LNG project is one of the least competitive on a cost of supply basis compared with other”
![N.America](/cache/2016/08/LNG-67.ade11878.jpg)
2016, August, 29, 18:35:00
U.S. LNG FOR EUROPE-3
“America’s growth in natural gas production means that through LNG exports we can give our allies stability and security in the global natural gas market. America’s shale revolution is growing our economy, spurring environmental improvements and strengthening our own energy security. U.S. LNG will give our allies an opportunity to achieve those some goals.”
![N.America](/cache/2016/08/USA-340.716c4723.jpg)
2016, August, 29, 18:30:00
U.S. RIGS DOWN 2
U.S. Rig Count is down 388 rigs from last year's count of 877, with oil rigs down 269, gas rigs down 121, and miscellaneous rigs up 2.
Canadian Rig Count is down 50 rigs from last year's count of 196, with oil rigs down 4, and gas rigs down 46.
![N.America](/cache/2016/08/USA-338.73b052ee.jpg)
2016, August, 25, 18:45:00
U.S. OIL & GAS BENEFIT
U.S. production is a clear factor in lower global crude prices, which has translated into lower energy costs for individual Americans and families. Year-over-year U.S. gasoline prices have declined by almost 50 cents per gallon, due in large part to the decline in the price of crude oil.
![N.America](/cache/2016/08/price-1.3202b9df.jpg)
2016, August, 22, 18:45:00
NERVOUS OIL PRICES
This summer the U.S. oil price has whipsawed from more than $50 a barrel in June to below $40 earlier this month. In the past two weeks it has risen more than 20%, to a recent $48.22 a barrel.
![N.America](/cache/2016/08/CANADA-31.98dcb28d.jpg)
2016, August, 22, 18:30:00
U.S. RIGS UP 10
U.S. Rig Count is up 10 rigs from last week to 491, with oil rigs up 10 to 406, gas rigs unchanged at 83, and miscellaneous rigs unchanged at 2.
Canadian Rig Count is down 5 rigs from last week to 121, with oil rigs unchanged at 65, gas rigs down 4 to 56, and miscellaneous rigs down 1 to 0.
![N.America](/cache/2016/08/OIL-467.2b107440.jpg)
2016, August, 16, 18:40:00
U.S. OIL PRODUCTION DOWN 85 TBD
U.S. oil production down 85 tbd, gas production down 373 mcfd.
![N.America](/cache/2016/08/CANADA-30.37976cac.jpg)
2016, August, 15, 18:30:00
U.S. RIGS UP 17
U.S. Rig Count is up 17 rigs from last week to 481, with oil rigs up 15 to 396, gas rigs up 2 to 83, and miscellaneous unchanged at 2.
Canadian Rig Count is up 4 rigs from last week to 126, with oil rigs up 5 to 65, gas rigs unchanged at 60, and miscellaneous rigs down 1 to 1.
![N.America](/cache/2016/08/USA-330.d6622456.jpg)
2016, August, 11, 18:45:00
U.S. EXPORTS UP TO 9%
In the first five months of 2016, U.S. crude oil exports averaged 501,000 barrels per day (b/d), 43,000 b/d (9%) more than the full-year 2015 average.