We haven’t published an article outlining the latest North American rig count figures since July 27, 2018, but recent developments make the exercise important now (March 27, 2020). Continue reading “Baker Hughes rig count #2”
Tag: Baker Hughes
A global provider of integrated oilfield products, services and digital solutions, and publisher of industry information including the weekly U.S. oil drilling rig count.
Baker Hughes rig count
Today’s (July 27, 2018) Baker Hughes rig count is revealing as far as Canadian numbers are concerned. While the U.S. rig count increased modestly by two this week, bringing the current total to 1,048 (versus 958 one year ago), in Canada the figure jumped by twelve this week to 223 (versus 220 one year ago). Continue reading “Baker Hughes rig count”
A word on petroleum statistics
The most widely used source of information regarding petroleum industry drilling activity is supplied by Baker Hughes, a General Electric subsidiary and global provider of integrated oilfield products, services and digital solutions. Each week, they publish industry figures, most notably the U.S. oil drilling rig count (ordinarily Fridays at 1:00 PM Continue reading “A word on petroleum statistics”
EIA weekly figures
The U.S. Energy Information Administration (EIA) published its weekly figures at 11:00 AM this morning owing to the Christmas week holiday schedule. As ongoing evidence of shrinking petroleum reserves, total stocks in the past week declined 8.7 million barrels, including a decline of 4.5 million barrels for crude oil. These numbers out of the U.S., Continue reading “EIA weekly figures”
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