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USA Rig Count (by Baker Hughes)
- The US Rig Count for last week was 975 UP 29 from the prior week of 946 and a year ago was 741
- Drilling for Oil 791 prior week 765 year ago 591
- Drilling for Natural Gas 184 prior week 181, year ago 149
- The Rocky Mountain Rig Count for last week was 123 prior week total was 116 a year ago was 87
- The Appalachian Region Rig Count for last week was 81 prior week total was 81, a year ago was 63
- South Texas Region (w/ Eagle Ford Shale) Rig Count for last week was 75 prior week total was 78, a year ago was 70
Rig Count _USA_ - Weekly Last 24 Months
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Rig Count _USA_ - Monthly Average
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Offshore Utilization Rate
- (IHS-Petrodata) The offshore rig marketed utilization rate in the US Gulf of Mexico last week was 66.7% prior week was 63.0%, year ago was 70.2%
- Gulf of Mexico: Total Supply 92 Marketed Supply 54, Marketed Contracted 36
- The offshore rig marketed utilization rate Worldwide last week was 72.0% prior week was 71.6%, year ago was 68.1%
- Worldwide: Total Supply 799 Marketed Supply 665, Marketed Contracted 479
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Worldwide Offshore Rig count and Utilization
(Click image to enlarge)
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Drilling Permits
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(RigData) Total drilling permits filed in the USA in January was 3,914 permits, prior month total was 3,996, same month year ago was 2,827
- Tracking Prior 12 months > December 4,983, November 3,996, October 3,929, September 4,802, August 3.409, July 3,420, June 4,441, May 3,247, April 2,757, March 4,025, February 3,281, January 2,596
- Year-to-date > December 2017 = 44,886, December 2016 = 28,323, December 2015 = 44,883, December 2014 = 76,393, December 2013 = 69,708
- Year-by-year > 2010 = 66,013, 2011 = 70,251, 2012 = 69,408, 2013 = 69,708, 2014 = 74,615, 2015 = 44,883, 2016 = 28,323,
2017 = 44,886
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Natural Gas
(Bloomberg News) Ended week at $2.61 prior week ended at $2.84 year ago was $2.98
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Natural Gas Prices - Annual
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Crude Oil
(Bloomberg News) Ended week at $59.05 prior week ended at $65.45 year ago was $53.80
Crude Oil Prices - Last 24 months
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Crude Oil Prices - Annual
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AAA Daily Fuel Gauge Report
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Current
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Prior Week
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Last Year
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National Avg
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$2.59
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$2.60
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$2.28
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New York
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$2.77
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$2.77
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$2.48
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California
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$3.35
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$3.33
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$2.85
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Steel Output - USA |
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- (AISI) Steel Output for the USA Year to date is 8,269,000 tons, Year ago to date was 8,447,000 tons.
- Capability Utilization Year to date is 73.0%, compared to Year Ago to date of 74.6%.
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Scrap Iron Consumer Buying Price - Chicago #1 Busheling |
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NASPD (National Association of Steel Pipe Distributors)
Annual Convention - February 15th - 17th, 2018
For details on the program speakers, attendees, or to register to attend, check out the web site at
www.naspd.com
Speakers Presentations and attendee listing from the recently held NASPD Fall Conference in Philadelphia, Pennsylvania >
http://www.naspd.com
NAPCA (National Association of Pipe Coating Applicators)
54th Annual Convention
April 2018
The NAPCA Annual Convention will be held April 18th - 21st, 2018 at the Westin La Paloma Resort & Spa, Tucson, Arizona
For details on the program speakers, attendees, or to register to attend, check out the web site at www.napca.com
Preston Publishing Co / World Steel Dynamics OCTG & Line Pipe Forecasting Conference
Second Annual Forecasting Conference is scheduled for Thursday, September 27, 2018 at the Hilton Houston Post Oak
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Pipe Exchange
Inquiries for all your API line pipe needs: sales@pipexch.com
Phone: (713) 934-9480 Fax: (713) 934-9490
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PRODUCT LINE
API LINE PIPE 2" - 24" IN STOCK, BARE AND COATED READY TO SHIP...
API 5L GRADE B - X70, ERW & SEAMLESS, PSL1 AND PSL2, DOMESTIC AND IMPORT
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This publication is compiled from various sources (as credited above) and presented in a single publication to our Friends In The Oil Patch as a customer service and for informational purposes only.
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