24 Oct 2019 Spears and Associates' 2020 forecast indicates the US land rig count will likely fall by 10%, assuming that oil prices stay in the mid-$50s. 20 Dec 2019 UBS lifted its oil-price forecast for next year to $60 a barrel for the first quarter and $62 a barrel in the following quarter from $58 and $55, 5 Feb 2019 Oil and gas rig count in the United States from 2014 to 2022*. Search: Statistics on "Fossil fuel industry in Europe - Projections". The most 23 Nov 2019 Rig counts in the Permian region fell 15 percent during this period, from 487 to 408 rigs. Because EIA expects WTI-Cushing crude oil prices to
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
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 The Baker Hughes Rig Counts are an important business barometer for the drilling industry and its suppliers. When drilling rigs are active they con 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 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 28 Feb 2020 The U.S. oil rig count fell slightly this week as the U.S. shale patch is reeling from lower oil prices.
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.
6 Feb 2015 In fact, Citigroup forecasts that without a “sizeable” cut in rig counts at the leading shale regions, Bakken, Eagle Ford and Permian, production 17 Oct 2016 Despite a 75-80% fall-off in drilling activity recently, John Spears, Global spending on rig equipment is forecast to total $11 billion in is the place where they can count on the availability and good prices of natural gas. Bakken oil production forecast to top 1 million barrels per day next month; Production, depletion trends are keys to predicting natural gas and oil production; Drilling efficiency is a key driver of oil and natural gas production; Drilling often results in both oil and natural gas production; Rethinking rig count as a predictor of natural gas
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%
4 Nov 2019 On November 4, Reuters' weather forecast model suggests a rise of The fall in the natural gas and oil rig counts is a positive development for 20 Nov 2017 Shale Oil Rig Forecast Source: Westwood, Baker Hughes. Despite a relatively flat oil price outlook and implied modest growth (at best) for the 3 Nov 2019 Oil and natural gas production has continued at a near-record pace in Oklahoma even as the number of rigs operating in the state has 7 Nov 2019 Gulf Coast crude oil production is forecast to hit 9 million barrels of oil “If anything, the rig count in the Gulf might even pick up in the coming 16 Mar 2016 However, the reduction in rig counts will impact oil and gas states differently, depending on the timing and pace of the drilling bust in each place. 6 Sep 2019 The total tally of U.S. rigs drilling for oil and gas fell below 900 this week RELATED: Oil drops as economic gloom dents forecasts for demand 6 Feb 2015 In fact, Citigroup forecasts that without a “sizeable” cut in rig counts at the leading shale regions, Bakken, Eagle Ford and Permian, production
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
14 Nov 2019 touches another record high, despite dramatic drop in oil rig counts to 1.0 million bbl/day in 2020, in line with the EIA's latest forecast. 4 Nov 2019 On November 4, Reuters' weather forecast model suggests a rise of The fall in the natural gas and oil rig counts is a positive development for