Oil rig count forecast
The total oil and gas rig count now stands at 817, or 264 down from this time last year. The total number of active oil rigs in the United States decreased by 7 according to the report, reaching Is your rig count accurate? Updated each Friday, the Weekly Rig Count provides accurate offshore drilling rig data by major region and globally. Our team of global analysts compiles oil rig data daily through direct contact with rig owners and offshore operators to derive dependable figures. March 13, 2020 Rig count drops as drilling, completions become more efficient World Oil / February 2014 The average U.S. rotary rig count dropped in 2013 by more than 8%, compared to the previous year. The Baker Hughes Rig Counts are an important business barometer for the drilling industry and its suppliers. When drilling rigs are active they consume products and services produced by the oil service industry. The active rig count acts as a leading indicator of demand for products used in drilling, completing, producing and processing Our team of global analysts compiles oil rig data daily through direct contact with rig owners and offshore operators to derive dependable figures. March 13, 2020. The rig count tables below include all jackups, semi-submersibles, and drillships. Marketed contracted reflects all marketed rigs that have a contract in place. Baker Hughes US Oil Rig Count shows the number of active oil rigs operating in North America. The index is released weekly, on Fridays. Baker Hughes has been counting oil rigs since 1944. Statistical data compiled consistently for 70 years are useful both in the current assessment of the industry state and in general historical analysis.
Our team of global analysts compiles oil rig data daily through direct contact with rig owners and offshore operators to derive dependable figures. March 13, 2020. The rig count tables below include all jackups, semi-submersibles, and drillships. Marketed contracted reflects all marketed rigs that have a contract in place.
Big energy price declines over the prior couple of months, however, prompted one analyst to cut rig count forecasts for 2019 and 2020. Companies added one oil rig in the week to June 21, bringing The Rig Count page will be updated as the data becomes available. US rotary and Canadian rig counts are updated weekly. International, world and workover rig counts are updated mid month. The oil price shown in all long term graphs and all but the short term graph of US and Canadian rotary rig counts is US average wellhead price. The highest global oil and gas rig counts by density in terms of offshore rigs as of January 2018 occurred in the North Sea and the Gulf of Mexico, with 184 and 175 rigs respectively in those IHS Petrodata World Rig Forecast: Short-Term Trends provides a twelve month rolling forecast by geographic region and offshore drilling rig type Customer Logins Obtain the data you need to make the most informed decisions by accessing our extensive portfolio of information, analytics, and expertise. Historically, US Oil Rigs peaked in late 2014. The total number of oil rigs reached as high as 1609 before being cut to just 325 within 2 years. US Oil Rig Count is at a current level of 683.00, up from 682.00 last week and down from 834.00 one year ago. This is a change of 0.15% from last week and -18.11% from one year ago. Based on data from Baker Hughes, 366 of the 915 onshore rigs in the Lower 48 states in June were operating in the Permian region. EIA forecasts that the Permian’s rig count will fall slightly to 345 at the end of 2017 and then grow to 370 by the end of 2018. World Land Drilling Rig Market Forecast 2019-2023 - The outlook for growth in the drilling rig market is positive through to 2017. Following a 16% dip during the economic recession in 2008-2009, operational rigs grew by 6%, and these numbers are forecast to rise again from 2013-2017 by 23%
The Baker Hughes rig count is an important business barometer for the oil drilling industry. When drilling rigs are active they consume products and services produced by the oil service industry
19 Dec 2019 Evercore is forecasting the US land rig count to fall 10% in 2020 year on year, which is greater than its US capex spending forecast decline of 7% Falling rig counts drive projected near-term oil production decline in 3 key U.S. Bakken oil production forecast to top 1 million barrels per day next month
Rig count drops as drilling, completions become more efficient World Oil / February 2014 The average U.S. rotary rig count dropped in 2013 by more than 8%, compared to the previous year.
The Baker Hughes Rig Counts are an important business barometer for the drilling industry and its suppliers. When drilling rigs are active they consume products and services produced by the oil service industry. The active rig count acts as a leading indicator of demand for products used in drilling, completing, producing and processing
World Land Drilling Rig Market Forecast 2019-2023 - The outlook for growth in the drilling rig market is positive through to 2017. Following a 16% dip during the economic recession in 2008-2009, operational rigs grew by 6%, and these numbers are forecast to rise again from 2013-2017 by 23%
7 Jan 2020 Every Friday, the Baker Hughes oil and natural gas rig count gets This helps explain why the IEA forecasts that the U.S. will account for 85% 21 Feb 2020 The government also forecast shale oil output is expected to rise to a record 9.18 million barrels per day in March, boosted by increases in the
This statistic shows the estimated number of oil and gas rigs in the United States from 2014 to 2017, with forecasted figures for 2018 to 2022. The Baker Hughes rig count is an important business barometer for the oil drilling industry. When drilling rigs are active they consume products and services produced by the oil service industry Baker Hughes Rig Count: U.S. Up 3 To 793. The U.S. rig count is up three rigs from last week to 793, with oil rigs up four to 682, gas rigs down one to 109, and miscellaneous rigs unchanged at two, according to Baker Hughes. March 6, 2020, 11:16 AM MST. Rig Activity Sinks Further To 40% The total oil and gas rig count now stands at 817, or 264 down from this time last year. The total number of active oil rigs in the United States decreased by 7 according to the report, reaching Is your rig count accurate? Updated each Friday, the Weekly Rig Count provides accurate offshore drilling rig data by major region and globally. Our team of global analysts compiles oil rig data daily through direct contact with rig owners and offshore operators to derive dependable figures. March 13, 2020 Rig count drops as drilling, completions become more efficient World Oil / February 2014 The average U.S. rotary rig count dropped in 2013 by more than 8%, compared to the previous year.