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updated Fri. February 16, 2018

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But, oil might come under pressure in the days ahead on the renewed concern of higher US shale oil production. As par, today's Baker Hughes data, the weekly US oil rig count came at 798 against 791 prior. On the broader picture, US oil rigs have jumped from 747 to 798 in the last four weeks since 19th ...
Cyprus says Turkish warships continue to block oil drilling rig. Turkish warships continue to impede a rig from reaching a location off Cyprus where Italian energy company Eni is scheduled to drill for gas, the Cypriot government said Monday.AP | February 16, 2018, 13:40 IST. Newsletter A A. Cyprus says Turkish warships ...

In the week ended February 16, 2018, the number of land rigs drilling for oil in the United States totaled 798, up by seven compared to the previous week and 201 higher compared with a total of 597 a year ago. Including 177 other land rigs drilling for natural gas, there are a total of 975 working rigs in the ...
Baker Hughes US weekly oil rig count vs 798 vs 791 prior. Fri 16 Feb 2018 18:00:27 GMT. Author: Adam Button | Category: News. Author: Adam Button. share ...
A net total of seven new oil-drilling rigs were added across the country, which was balanced out by the seven-rig decline in gas activity. ... Mexico is next with 85 rigs. Despite this week's jump, the oil rig count is down 50 percent from its peak of 1,609 in October 2014, before oil prices began plummeting.
Five people were killed in a multi-car pileup on a major road on Long Island, New York. 0 Shares. email. Five people were killed in a multi-vehicle crash on Long Island, New York Wednesday morning, officials said. The four-car pileup included an oil truck and stolen car on a major road in Ridge, New York, ...

NICOSIA, Cyprus (AP) -- A Cypriot official says that talks to reunify the ethnically split island cannot resume as long as Turkey obstructs an offshore hydrocarbon search. Turkish warships have been preventing a rig from carrying out exploratory drilling off Cyprus on behalf of Italian company Eni for almost a ...
It's been nearly three years since an oil pipeline ruptured in Santa Barbara County, coating seven miles of beaches with crude oil and killing dolphins, birds and sea lions. Area parks and fisheries have since re-opened. The pipeline has not, and the company that owns it is under criminal indictment. But the ...
California ponders costs of decommissioning offshore oil rigs. By Laurel Rosenhall. February 3, 2018 Updated: February 4, 2018 3:54pm. California officials are seeking funds to dismantle two drilling rigs like these near Santa Bar bara. Photo: David McNew, Getty Images. California officials are seeking funds to dismantle ...
A federal safety agency investigating an Oklahoma oil rig explosion is on President Trump's chopping block. The U.S. chemical Safety and Hazard Investigation Board is probing last week's deadly blaze in Quinton, Oklahoma, about 100 miles south of Tulsa. Five workers died in the explosion. The agency ...
West Texas' Permian Basin added a whopping 18 drilling rigs to the oil patch last week, creating a large rig count spike even though activity declined in most of the rest of the country. The booming Permian triggered an overall increase of 11 rigs - 12 new oil rigs minus one gas-seeking rig - to bring the ...
Baker Hughes BHGE, -0.86% on Friday reported that the number of active U.S. rigs drilling for oil climbed by 12 at 759 this week. The oil-rig count had fallen by 5 last week. The total active U.S. rig count, which includes oil and natural-gas rigs, also rose by 11 to 947, according to Baker Hughes. March West ...
(CNN) Five oil rig workers were missing after an explosion Monday in an Oklahoma gas well, Pittsburg County Sheriff Chris Morris said in a press conference. Seventeen employees were rescued but "five are still unaccounted for at the well," Morris said. Sixteen people had no injuries or minor injuries, and ...
In the week ending January 12, 2018, there was a rise of ten oil rigs. The US oil rig count was at 752 for the same week--the first rise after four weeks. During those four weeks, US crude oil prices rose 12.2%. The rise in the US oil rig count could eventually increase US crude oil supplies--a bearish factor ...
DABS Sponsor MAERSK Singapore invites members (only!) to a once-in-a-lifetime opportunity to visit an oil drilling rig - conveniently located in Singapore. Maersk Drilling currently has one of their jack up rigs, Maersk Completer placed at KeppelFels and has invited DABS to come and see it. When a ...
The addition of three oil rigs in the Permian basin primarily supported the upside. Crude pricing scenario has been healthy after the OPEC members agreed to extend the production curb deal beyond first-quarter 2018. Given that oil crossed the $60-per-barrel mark, we believe that there is considerable ...

They were told that local man Thanwa Chamnan, 35, had admonished oil rig worker Yingyong Hemhongsa, 25, for driving recklessly when Yingyong reached the pier in his pickup truck along with co-workers after a drinking party. Yingyong allegedly responded by firing five rounds from a 9mm pistol, ...
Three oil rigs have been barred from leaving a Scottish port amid fears they will be scrapped on breaking beaches in Asia. The Scottish Environmental Protection Agency (Sepa) has blocked their departure while it ensures plans for their disposal comply with waste regulations. The rigs were recently sold to ...
The Trincomalee Port Anchorage was selected for its ideal stable and safe sea conditions for offloading and loading such large oil rigs with the much needed deep sea depths, sheltered-calm waters and swing radius. Upon completing the safe and incident free offloadingof the oil rig Olinda Star, the rig ...
The Trincomalee Port Anchorage was selected for its ideal stable and safe sea conditions for offloading and loading such large oil rigs with the much needed deep sea depths, sheltered-calm waters and swing radius. Upon completing the safe and incident free offloading of the oil rig Olinda Star, the rig ...
Baker Hughes, a General Electric (GE) company, published its US crude oil rig count report on January 5, 2018. US crude oil rigs fell by five or 0.7% to 742 between December 29, 2017, and January 5, 2018. The rigs were near an eight-week low. Stalling rigs could slow down US crude oil production and support crude oil ...
Oil drilling is not healthy for America's coastal waters, nor is Trump Administration policy that rides roughshod over states, 37 Democratic senators said Tuesday in a blunt reprimand to U.S. Interior Secretary Ryan Zinke. The letter to Zinke comes less than a week after Zinke announced that 90 percent of the ...
Officials with the Seminole police Department have not released the identity of the man who was crushed by an oil rig counterweight this weekend. According to Chief Bernie Kraft, police were called Sunday evening about a body near a pump jack in the draw north of S.W. Ave. B, between S.W. Ave.
New understanding of the "dangerous phenomenon" of unusually large ocean waves could help inform the design of oil platforms and other offshore structures, researchers have said. So-called rogue waves, which are exceptionally powerful and dangerous, can be exacerbated when they are produced by ...
The Trump Administration ordered the National Academies of sciences, engineering, and Medicine to halt a review of offshore oil and gas platform inspections, BuzzFeed News reports. The stop-work order was issued by the Department of the Interior's Bureau of Safety and Environmental Enforcement on ...
The number of rigs in U.S. oil patches fell this week, offsetting a recent rebound for the industry, according to weekly data collected by Baker Hughes. The Permian basin lost three oil rigs - compared to last week's rise of three - contributing to Texas' net loss of two rigs. New Mexico and Louisiana also lost ...
Continental resources is in the process of containing a water vapor leak from a Chickasha oil rig. The Grady ... workers have been evacuated from the oil rig and deputies advised the residents of a nearby mobile home to evacuate, Dale Thompson, Grady County Emergency Management Director, said.
When oil plunged to $26.19 during the week of February 12, 2016, it took another 15 weeks for the oil rig count to bottom out at 316 rigs (during the week of May 27, 2016). When oil prices peaked at $53.38 during the week of April 14, 2017, the oil rig count generally kept rising, before peaking at 768 oil rigs ...
Baker Hughes BHGE, -0.58% on Friday reported that the number of active U.S. rigs drilling for oil climbed by 6 at 765 this week. The oil-rig count had climbed by 12 last week. However, the total active U.S. rig count, which includes oil and natural-gas rigs, fell by 1 to 946, according to Baker Hughes.
Two Florida legislators are taking action to ensure the horizons of the gulf coast of Florida stay offshore-oil rig free. Senator Bill Nelson (D) and District 19 Representative Francis Rooney (R.) have both filed bills that would protect the coast from offshore drilling. These moves come within short succession of ...
The helicopter was carrying two pilots and five employees of the state-owned Oil and Natural Gas Commission from a Mumbai airfield to the oil rig when it disappeared, prompting a search operation, navy spokesman Capt. D. Sharma said. The five bodies were spotted along with debris from the helicopter, ...
WASHINGTON -- President Donald Trump's administration on Thursday proposed opening the Jersey Shore and the rest of the Atlantic Coast to oil drilling. If approved, the Interior Department's new 2019-2024 five-year plan could allow drilling in more than 90 percent of the outer continential shelf, which ...
U.S. energy companies this week cut oil rigs for the first week in three even though crude prices hovered near their highest level since the spring of 2015. Drillers cut five oil rigs in the week to Jan. 5, bringing the total count down to 742, Baker Hughes, a GE company, said in its closely followed report Jan. 5.
This video of monstrous North Sea waves bombarding an oil rig will have you swearing off the ocean ... earth and a video making the rounds online shows just how terrible mother nature can be -- thankfully, there was no tragedy in this situation as the oil rig that was battered by the waves managed to make ...
In the week ending December 8, 2017, the natural gas rig count was 88.8% below its historical high of 1,606 in 2008. However, the fall in the natural gas rig count hasn't had a direct impact on natural gas supplies from 2008 to date. Natural gas supplies increased during this period. A higher oil rig count ...
Hundreds of thousands of gallons of crude oil that spilled in Fort Bend County last week after an oil rig blowout should be cleaned up in the next few days, company officials said, a relief for residents who say the "burnt rubber" smell is giving them headaches, burning eyes and nausea. About 240,000 ...
In the week ending December 8, 2017, the US oil rig count rose by two. For the same week, the oil rig count was at 751. In the last three weeks, the oil rig count rose continuously. After the week ending November 17, 2017, US crude oil prices rose 2.5%. Rising US production, fueled by the rise in the ...
According to consultancy Baker Hughes, two more oil rigs were added in the States over the past week, to reach 751. For their part, NYMEX January natural gas and heating oil futures added 0.33% and 1.68%, respectively, to end the day at $2.77/MMBtu and $1.9288 a gallon. Heading lower, the February ...
U.S. energy companies this week added oil rigs for a third week in a row, the longest string of increases since summer, as higher crude prices prompt drillers to return to the well pad after a break in the autumn. Drillers added two oil rigs in the week to Dec. 8, bringing the total count up to 751, the highest ...
US production is up more than 10% y/y. Looks like we're going to need more OPEC cuts. We were unable to load Disqus. If you are a moderator please see our troubleshooting guide. LON GMT 18:07:17. SDNY+11 5:07:17. NY -5 13:07:17. TYO +9 3:07:17. GMT 18:07:17 ...
The US oil rig count continued its upward crawl for a third consecutive week, rising on Friday by two to 751 amid persistently higher oil prices and a growing ... In addition, the Permian cracked the 400 mark for oil rigs, up by three from last week and a 63% jump from the 246 working during the same week in ...
Baker Hughes, a GE company, published its weekly US crude oil rig report on December 1, 2017. US oil rigs rose by two, or 0.3%, to 749 between November 22, 2017, and December 1, 2017. oil rigs were up 57% from the same period in 2016. The rigs were near their 3-month high, while US crude oil ...
The number of oil rigs stand at 749 versus 477 a year ago. The number of gas rigs in the US now stands at 180, up from 119 a year ago. Related: Oil Majors Are Leading The Recovery Race. The Permian Basin added 4 rigs for the week, bringing the total count in the fastest growing shale patch to 397 ...
... rich Albertine graben, is weighing up plans to establish a local plant for oil rig components. Currently, ZPEC has two rig manufacturers in Chengdu and Shanghai, China. According to Wikipedia.org, oil rigs have 28 components. The oil rig industry is estimated to be worth in excess of $50b (sh182 trillion).
Baker Hughes, a GE company, released its US crude oil rigs report on November 22, 2017. It estimated that US oil rig counts rose by nine to 747 on November 17-22, 2017. The rigs rose 1.2% week-over-week and 57.6% YoY (year-over-year). The rigs were near an eight-week high, while US crude oil ...
So oil rigs would serve as an important indicator for US crude oil production. More importantly, high oil prices could be their own undoing. US crude oil prices closed at their highest 2007 closing price on November 6. Based on the same pattern, oil rig counts could hit a new three-year high before May 2018.
The number of oil and gas rigs in the United States rose again this week. The boost in the number of active oil rigs this week brings the total gained in November to 10--the first monthly gain since July. Oil and gas rigs combined were up by 14 in November--also the biggest increase seen since July, in a ...
The oil rig count stayed at 738 -- up 56.7 percent YoY -- while the U.S. ... Canada added one oil rig and four gas rigs, with its 109 oil rigs up by ...
Baker Hughes, a General Electric Company, published its US crude oil rigs report on November 17, 2017. It reported that US oil rig counts were ...


 

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