Tag: May
Texas drilling permits and completions statistics for May 2017
Texas rig count as of June 9 was 460, representing 50% of active rigs in U.S. The Railroad Commission of Texas (Commission) issued a total of 1,021 original drilling permits in May 2017 compared to 606 in May 2016, according to a press release. The May total included 841 permits to drill new oil or […]
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, […]
Texas oil and gas production statistics for May 2016
Texas May production came from 185,190 oil wells and 93,622 gas wells AUSTIN – Production for May reported by Railroad Commission of Texas is 73,131,246 barrels of crude oil and 600,746,804 mcf of total gas from oil and gas wells. The preliminary figures are based on production volumes reported by operators and will be updated as late […]
US petroleum demand rose in May, highest in 8 years
This was the second highest May export level ever Total American petroleum deliveries in May rose by 3.1 per cent from 2015 to average 19.7 million barrels per day, according to new statistics release by the American Petroleum Institute. Compared with April, total domestic petroleum deliveries, a measure of U.S. petroleum demand, decreased by 0.1 per […]
American shale oil output forecast to fall by record amount in May – EIA
Drop of 114,000 b/d to 4.84 million b/d will be record oil production decline The 21-month long oil price decline is having a bigger than expected effect on American shale oil production, according to the US Energy Information Administration. Output is dropping for the seventh month in a row, 114,000 barrels per day to 4.84 million b/d, […]
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