Tag: count

Canadian May rig count down 23, US count up 40 – Baker Hughes

Canadian May rig count down 23, US count up 40 – Baker Hughes

Worldwide rig count for May 2017 was 1,935, up 18 Baker Hughes Incorporated announced the international rig count for May 2017 was 957, up 1 from the 956 counted in April, and up 2 from the 955 counted in May 2016, according to a press release. The international offshore rig count for May was 202, […]

OPEC cuts might have biggest impact in North America – Fitch

OPEC cuts might have biggest impact in North America – Fitch

Fitch believes a substantial amount of shale oil production could be ‘turned on’ at a sustained $55-$60 level NEW YORK & CHICAGO- OPEC’s latest announcement may end up having the biggest regional impact in the US, given the high sensitivity the shale sector has to oil prices and any subsequent changes in oil pricing, according to […]

By October 6, 2016 0 Comments Read More →