Rig Report

The Association of American Railroads announced that October petroleum car loading’s were up by 19.4% over October 2010 loading’s. From the AAR: In October 2011, 12 of the 20 carload commodity categories saw increases on U.S. railroads compared with October 2010.  The largest gains were: motor vehicles and parts, up 6,177 carloads or 11.1 percent; coal, up 6,124 carloads [...]

Oil rig counts in the US were up by 34 for the week, the largest weekly jump in oil rig counts since oil and gas counts were first tracked separately in 1987. However natural gas rigs declined by 27, the largest weekly drop since April 2009. Still the overall US rig count rose to the [...]

The natural gas rig count dropped by 2 during the last week, for a total of 911 rigs. Although this is the first drop in 3 weeks, the count hit an 11-month low of  902 as recently as 3 weeks ago on January 14. Here is a summary of the changes over time to keep the [...]

Baker Hughes: US Oil, Gas Rig Count Up 12 To 1,539 This Week. Even with the GOM shut down, oil rig counts rise while NG rigs drop just 1.  The GOM shutdown is deepwater rigs affecting 30+ rigs or so. Big news for the area and you will hear a lot about it on the [...]

GoM Ban Pulls Down U.S. Rig Count – Zacks.com. The impact of the  Gulf of Mexico deep water drilling ban is being felt in the rig count as oil rigs in the Gulf dropped from 27 to 9 and gas rigs dropped from 19 to 14. Overall the total US rig count declined by 29 [...]

Baker Hughes: US Oil, Gas Rig Count Up 12 To 1,518 This Week. Gas rig count was up 18, oil rigs down 6. Unless people stop drilling, natural gas prices are not going up. The number of oil and gas rigs climbed to 1,518, up 12 rigs from the previous week, according to data from [...]

US rig count increases by 9 to 1,492 – Yahoo! News. Oil rigs continue to increase and gas rigs decrease as the price difference between oil and gas continues to widen. HOUSTON – The number of rigs actively exploring for oil and natural gas in the U.S. increased by nine this week to 1,492. Houston-based Baker Hughes [...]

Baker Hughes CEO:Moved Equipment Off Rigs Because Of Gulf Spill. This does not make clear why they pulled equipment off the rigs, it is safety issues with the oil in the water or is the equipment needed at the blow out? If safety concerns with all the oil in the water is shutting down production in the [...]

Baker Hughes: US Oil, Gas Rig Count Falls By 9 To 1,482 This Week. The rig count this week confirmed the shift from natural gas to oil as oil prices stay high and natural gas prices remain low. Oil rigs increase 8 while gas rigs dropped by 17. This was the first decline in the [...]

Nickle’s Rig Locator | JuneWarren-Nickle’s Energy Group. Nickle’s Rig Locator provides a good summary of current rig activity in Canada Tweet