NORTH AMERICAN RIG WATCH | January 27, 2012

January 27, 2012

STATS shows 1,824 active rigs as of January 27, 2012, down -44 rigs from a week ago. Oil rigs went up by +3 (ht: +3, vt-dir: unch) and total gas rigs fell by -47 (ht: -38, vt-dir: -9). The plans to cut back in natural gas drilling and to focus in liquid rich plays as outlined by the producers in their earnings calls recently, seem to be taking hold. The drop in horizontal gas rigs was led by the Granite Wash basin in Oklahoma with -17 less rigs, which were moved to oil and liquids rich play.....


NORTH AMERICAN RIG WATCH | January 20, 2012

January 20, 2012

STATS shows 1,868 active rigs as of January 20, 2012, up +25 rigs from a week ago. Oil rigs fell by -6 (ht: -9, vt-dir: +3) and total gas rigs rose by +31 (ht: +15, vt-dir: +16). The increase in horizontal rigs was lead by Eagle Ford (+4) and Marcellus SW (+3), while Haynesville in LA saw the biggest drop by -3 rigs. The increase in the vertical/directional rigs was led by Louisiana (+15) with a concentration in the Tuscaloosa Marine Shale area (+7) and Cameron Parish (+4) located in the Sou.....


NORTH AMERICAN RIG WATCH | January 13, 2012

Schlumberger (Smith) Rigs

STATS shows 1,843 active rigs as of January 13, 2012, down -6 rigs from a week ago. Oil rigs rose by +7 (ht: -1, vt-dir: +8) and total gas rigs dropped by -13 (ht: -4, vt-dir: -9). Eagle Ford Gas rigs dropped by -6 and Oil rigs rose by +7, which would imply re-classification.


NORTH AMERICAN RIG WATCH | January 06, 2012

Schlumberger (Smith) Rigs

STATS shows 1,849 active rigs as of January 6, 2012, down -26 rigs from a week ago. Oil rigs rose by +1 (ht: +5, vt-dir: -4) and total gas rigs dropped by -27 (ht: -31, vt-dir: +4). West Virginia Marcellus horizontal gas rigs dropped by -14, from 42 to 28. Moreover, total number of horizontal oil rigs in WV remained zero, suggestion the sharp drop is not due to rig re-classification. It is likely that the suspension of operations at five wells used for disposing of hydraulic fracturing flowb.....


NORTH AMERICAN RIG WATCH | December 30, 2011

Schlumberger (Smith) Rigs

STATS shows 1,875 active rigs as of December 30, 2011, up +2 rigs from a week ago. Oil rigs rose by +1 (ht: +5, vt-dir: -4) and total gas rigs rose by +1 (ht: unch, vt-dir: +1).


NORTH AMERICAN RIG WATCH | December 23, 2011

Schlumberger (Smith) Rigs

STATS shows 1,873 active rigs as of December 23, 2011, up +10 rigs from a week ago. Oil rigs rose by +10 (ht: +14, vt-dir: -4) and total gas rigs remained unchanged (ht: +4, vt-dir: -4).


NORTH AMERICAN RIG WATCH | December 16, 2011

Schlumberger (Smith) Rigs

STATS shows 1,863 active rigs as of December 16, 2011, down -4 rigs from a week ago. Oil rigs rose by +8 (ht: +4, vt-dir: +4) and gas rigs fell by -12 (ht: -4, vt-dir: -8).


NORTH AMERICAN RIG WATCH | December 09, 2011

Schlumberger (Smith) STATS

STATS shows 1,867 active rigs as of December 9, 2011, up +4 rigs from a week ago. Oil rigs rose by +8 (ht: +10, vt-dir: -2) and gas rigs fell by -4 (ht: -2, vt-dir: -2).


NORTH AMERICAN RIG WATCH | December 02, 2011

Schlumberger (Smith) STATS

STATS shows 1,863 active rigs as of December 2, 2011, down -4 rigs from a week ago. Oil rigs rose by +16 (ht: +10, vt-dir: +6) and gas rigs fell by -20 (ht: -19, vt-dir: -1).


NORTH AMERICAN RIG WATCH | November 23, 2011

EARLY RELEASE - Schlumberger (Smith) STATS

Please note that due to the Thanksgiving holiday in the US, this week’s STATS numbers were released today with Friday’s date (November 25, 2011). STATS shows 1,867 active rigs as of November 25, 2011, down -6 rigs from a week ago. Oil rigs dropped by -1 (ht: 0, vt-dir: -1) and gas rigs fell by -5 (ht: -7, vt-dir: +2).