13 Oct 2017 Despite the recent declines, Westwood Global Energy Group forecasts steady rig count growth in the coming years from six major unconventional 18 Nov 2019 The broader North American rig count was down 17 rigs, ending the of $56.45 per barrel, compared to a 2020 forecast of $54.60 per barrel. 21 Nov 2019 EIA increases U.S. crude oil production forecast for 2019 and 2020 active rig counts fell from 877 oil-directed rigs in the beginning of January 7 Nov 2019 BATON ROUGE -- The U.S. Gulf Coast energy industry, a major Gulf Coast crude oil production is forecast to hit 9 million barrels of oil per day by 2020, despite potentially an uptick in offshore rig count in the Gulf of Mexico 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% for next year. The rig count gains are likely traceable to year-end drilling here and there as needed, possibly fueled by higher oil prices that finally mounted the $60/b milestone not seen in months, observers said. The U.S. horizontal rig count fell through most of 2019, with the current rig count roughly 26% off the peak. Despite the drop, both oil and gross gas production continued to climb. 2020 Forecast - U.S. rotary rig count /// Spending discipline slows drilling activity in shale plays Log in to view this article. Not yet a subscriber? Get started now for access to this content
23 Nov 2019 EIA forecasts Permian production will grow by 915,000 b/d in 2019 and by stay lower than $55 until August 2020, EIA anticipates that drilling rigs will EIA noted that although U.S. rig counts are declining, improvements in
Rig Activity: Week Ending January 17, 2020 Mid-Continent. Rig count is up +5 rigs from last month to end the week at 51 rigs. ExxonMobil currently operating 4 rigs (up +3 rigs) Encana currently operating 6 rigs (up +1) Gulfport currently operating 2 rigs (up +1) More MidCon operators Eagle Ford / Gulf Coast As 2019 draws to a close, Enverus Energy looks at the current state of play in the U.S. oil and gas market and looks forward to 2020 and beyond. Trends in type curve results, permitting, rig counts, engineering, top operators, midstream buildout, and mergers and acquisitions activity are explored. The US Land Rig Demand Forecast is a detailed analysis of land rig demand that takes into consideration several variables, including: macro economic conditions, drilling technology, demand for oil and gas, and CAPEX reporting. Broken down by region, you'll have actionable details on when and where rig demand recovery is forecasted to occur. The Dakotas/Rocky Mountain region is forecast to be the second-largest growth area, driven by production increases from the Bakken and Niobrara. EIA says onshore Gulf Coast production will increase through 2025 before flattening as drilling in the Eagle Ford becomes less productive. 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. February 14, 2020. The rig count tables below include all jackups, semi
Crude Oil Rigs in the United States increased to 713 in October 18 from 712 in the previous week. Crude Oil Rigs in the United States averaged 504.54 from 1987 until 2019, reaching an all time high of 1609 in October of 2014 and a record low of 98 in August of 1999.
Crude Oil Rigs in the United States increased to 713 in October 18 from 712 in the previous week. Crude Oil Rigs in the United States averaged 504.54 from 1987 until 2019, reaching an all time high of 1609 in October of 2014 and a record low of 98 in August of 1999. The US Land Rig Demand Forecast is a detailed analysis of land rig demand that takes into consideration several variables, including: macro economic conditions, drilling technology, demand for oil and gas, and CAPEX reporting. Broken down by region, you'll have actionable details on when and where rig demand recovery is forecasted to occur.
Rig Activity: Week Ending January 17, 2020 Mid-Continent. Rig count is up +5 rigs from last month to end the week at 51 rigs. ExxonMobil currently operating 4 rigs (up +3 rigs) Encana currently operating 6 rigs (up +1) Gulfport currently operating 2 rigs (up +1) More MidCon operators Eagle Ford / Gulf Coast
13 Jan 2020 Energy firms in Canada boosted the number of rigs drilling for oil and natural gas Drillers in Canada, like their counterparts in the United States, READ MORE: Canadian oil prices to improve, curtailment to end in 2020: forecast In 2019, the rig count jumped from 70 during the last week of 2018 to a 9 Jan 2020 What today's rig count tells us about 2020 production forecasts and tightening financial pressure, the current rig count indicates that despite a Published by M. Garside, Feb 10, 2020. This statistic outlines the year-to-date change in oil rig counts in the United States as of June 2019. The change in the oil North American Rotary Rig Counts. The U.S. rotary rig count from Baker Hughes was down 1 at 792 for the week of March 13, 2020. It is 234 rigs (22.8%) lower 6 Mar 2020 The average U.S. rig count for February 2020 was 791, unchanged from the 791 counted in January 2020, and down 258 from the 1,049
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. The active rig count acts as a leading indicator of demand for oil products.
3 Jan 2020 The number of active drilling rigs in the U.S. declines by another 9 to 796, 3, 2020 1:14 PM ET |About: The United States Oil ETF, LP (USO)|By: January 2020: Natural Gas Supply-Demand Balance Overview And Forecast.