Tag: 2016
November 2016 American rig count up 36 to 580
Worldwide rig count for November 2016 was 1,678 HOUSTON – Baker Hughes Incorporated announced today that the international rig count for Nov. 2016 was 925, up 5 from the 920 counted in Oct. 2016, and down 184 from the 1,109 counted in Nov. 2015. The international offshore rig count for Nov. 2016 was 211, up 11 from […]
Texas oil and gas production statistics for Sept 2016
Texas preliminary Sept. crude oil production averaged 2,380,134 b/d Production for Sept. 2016 as reported to the Railroad Commission of Texas is 71,404,018 barrels of crude oil and 561,242,466 mcf of total gas from oil and gas wells, according to a press release. These preliminary figures are based on production volumes reported by operators and will […]
Texas drilling permits, completions statistics for October 2016
Texas rig count as of Nov. 4 was 262, representing about 46% of active rigs in US AUSTIN –– The Railroad Commission of Texas issued a total of 855 original drilling permits in Oct. 2016 compared to 822 in Oct. 2015. The Oct. total included 679 permits to drill new oil or gas wells, 10 […]
OPEC Oct. output sets new record of 33.54 million b/d -Platts
Up 300,000 b/d from Sept. and 5th consecutive monthly increase Oil production from the Organization of the Petroleum Exporting Countries (OPEC) rose to another record, at 33.54 million b/d in Oct., according to survey of OPEC and oil industry officials by S&P Global Platts. Recoveries in strife-torn Libya and Nigeria significantly boosted the organization’s output and more […]
September US chemical production increases
The chemical production industry one of largest in the United States, a $797 billion enterprise WASHINGTON – The US Chemical Production Regional Index (US CPRI) expanded by 0.2 per cent in Sept., following a 0.3 per cent decline in Aug. and flat growth in July, according to the American Chemistry Council press release. In Sept., chemical production […]
Texas oil and gas production statistics August 2016
Texas production in August came from 183,052 oil wells and 92,155 gas wells AUSTIN – Production for Aug. as reported to the Railroad Commission of Texas is 75,034,914 barrels of crude oil and 606,931,065 mcf of total gas from oil and gas wells. These preliminary figures are based on production volumes reported by operators and […]
Texas oil and gas production statistics for July 2016
Texas production in July came from 183,260 oil wells and 92,238 gas wells AUSTIN –– Production for July 2016 as reported to the Railroad Commission of Texas (Commission) is 75,496,802 barrels of crude oil and 611,028,291 mcf (thousand cubic feet) of total gas from oil and gas wells. These preliminary figures are based on production […]
Permian Basin leads as US natural gas production up 1.4% in August – IHS Markit
South Texas production continues to struggle as drilling activity rotates out of Eagle Ford formation and into Permian Basin HOUSTON – US natural gas production levels in the lower 48 states increased by about 1.4 percent in Aug. 2016 compared to July levels, according to analysis from IHS Markit. This marks the second month in a […]
US Gulf Coast blues after meagre Western Lease sale
The underdeveloped infrastructure in the Western Planning Area boosts operator costs, making it even more challenging For the fifth consecutive year, the Gulf of Mexico Western Lease Sale bid count has decreased, with only three companies submitting bids this year, according to an analysis by Wood Mackenzie. Check out the Wood Mackenzie Crude for Thought podcast, in […]
2016 Oil Sands Trade Show re-scheduled for 2017 due to Alberta wildfires
In lieu of the trade show & conference, there will be a charity golf tournament benefiting victims of the Alberta wildfires CALGARY, Alberta – Due to the overwhelming effects of the wildfires on northern Alberta and the community of Fort McMurray, the 2016 Oil Sands Trade Show & Conference, originally scheduled for Sept. 13-14 at the Suncor […]
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