REPORTS / NORTH AMERICAN RIG COUNT & GULF RIG COUNT
Canadian Rig Count fell 12 from the previous week, to 161 compared
with 402 a year ago.
U.S. Rig Count Down 16 To 754 Week Oct. 2
The number of rigs exploring for oil and natural gas in the United
States stood at 754 as of October 2, down 16 from the previous week,
and down from 1001 a year ago, oil services firm Baker Hughes Inc.
said Friday.
The number of rigs drilling on land fell 12 to 618, while rigs working
offshore fell three to 116. The number of rigs active in inland waters
fell one to 20.
The Gulf of Mexico rig count slipped three to 111.
The number of rigs searching for gas fell 32 to 525, the number of
rigs searching for oil rose 16 to 229.
In Canada, the number of working rigs fell 12 from the previous week,
to 161 compared with 402 a year ago.
The states with largest number of changes in their rig counts were
Texas, which was down 18, Wyomining, down four, and Oklahoma, up
three.
The weekly rig count reflects the number of rigs exploring for oil and
gas, not those producing oil and gas.
Rotary Rig Count
10/2/1998
This Week Year
Location Week +/- Ago +/- Ago
Land 618 - 12 630 -239 857
Inland Waters 20 - 1 21 4 16
Offshore 116 - 3 119 - 12 128
United States Total 754 - 16 770 -247 1001
Gulf Of Mexico 111 - 3 114 - 15 126
Canada 161 - 12 173 -241 402
North America 915 - 28 943 -488 1403
Breakout Information This Week +/- Week Ago +/- Year Ago
Oil 229 16 213 -155 384
Gas 525 - 32 557 - 88 613
Miscellaneous 0 0 0 - 4 4
Directional 190 - 6 196 - 32 222
Horizontal 31 1 30 - 51 82
Vertical 533 - 11 544 -164 697
Major State Variances This Week +/- Week Ago +/- Year Ago
Alaska 12 0 12 1 11
California 30 0 30 - 1 31
Louisiana 160 2 158 - 49 209
New Mexico 47 1 46 - 11 58
Oklahoma 85 - 3 88 - 7 92
Texas 251 - 18 269 -126 377
Wyoming 39 - 4 43 - 15 54
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U.S. Gulf Rig Count Rises One To 144
There were 144 rigs under contract in the U.S. Gulf as of October 2,
up one from the previous week, Offshore Data Services said Friday.
The utilization rate for rigs working in the Gulf, based on a total
fleet of 176, was 81.7 percent.
The number of working rigs in the European/Mediterranean area remained
at 109 rigs under contract out of a total fleet of 113, a utilization
rate of 96.5 percent.
The worldwide rig count was 541 out of a total fleet of 610, with a
utilization rate of 88.7 percent.
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CAODC Weekly Western Canadian Rig Count - Sept 29
WEEK OF SEPTEMBER 29 VERSUS SEPTEMBER 22, 1998
DRILLING
MOVING DRILLING DOWN TOTAL YEAR AGO
ALBERTA 0/0 148/152 307/302 455/452 349
SASK. 0/0 24/ 21 51/ 54 75/ 75 96
B.C. 0/0 16/ 20 28/ 26 44/ 46 31
N.W.T. 0/0 0/ 0 2/ 2 2/ 2 1
MAN. 0/0 0/ 0 1/ 1 1/ 1 3
TOTAL 0/0 188/193 389/385 577/578 480
MOVING = CURRENTLY UNDER CONTRACT, BUT NOT AT FULL RATE.
TOTAL LINE IS TOTAL WESTERN CANADA.
FIGURES SUPPLIED BY CANADIAN ASSOCIATION OF OILWELL DRILLING
CONTRACTORS.
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