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USA Rig Count (by Baker Hughes)
- The US Rig Count for last week was 946 DOWN 1 from the prior week of 947 and a year ago was 729
- Drilling for Oil 765 prior week 759 year ago 583
- Drilling for Natural Gas 181 prior week 188, year ago 145
- The Rocky Mountain Rig Count for last week was 116 prior week total was 116 a year ago was 89
- The Appalachian Region Rig Count for last week was 81 prior week total was 80, a year ago was 62
- South Texas Region (w/ Eagle Ford Shale) Rig Count for last week was 75 prior week total was 75, a year ago was 67
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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 63.0% prior week was 63.0%, year ago was 70.8%
- Gulf of Mexico: Total Supply 93 Marketed Supply 54, Marketed Contracted 34
- The offshore rig marketed utilization rate Worldwide last week was 71.6% prior week was 71.4%, year ago was 67.6%
- Worldwide: Total Supply 800 Marketed Supply 665, Marketed Contracted 476
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Worldwide Offshore Rig count and Utilization
(Click image to enlarge)
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Drilling Permits
- (RigData) Total drilling permits filed in the USA in December was 4,983 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 $2.84 prior week ended at $3.51 year ago was $3.05
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Natural Gas Prices - Annual
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Crude Oil
(Bloomberg News) Ended week at $65.45 prior week ended at $66.14 year ago was $54.04
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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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$2.61
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$2.58
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$2.27
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New York
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$2.77
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$2.74
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$2.49
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California
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$3.34
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$3.28
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$2.82
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| Steel Output - USA |
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- (AISI) Steel Output for the USA Year to date is 6,522,000 tons, Year ago to date was 6,697,000 tons.
- Capability Utilization Year to date is 72.5%, compared to Year Ago to date of 74.5%.
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Scrap Iron Consumer Buying Price - Chicago #1 Busheling |
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- (Steel Markets) Current price $365/ton as of 01-08-17, UP from $345/ton as of 12-07-17
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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
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Phone: (713) 934-9480 Fax: (713) 934-9490
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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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