Tag: November

Texas drilling permits, completions statistics for Nov. 2016

Texas drilling permits, completions statistics for Nov. 2016

Texas rig count as of Dec. 2 was 286, representing about 48% of all active rigs in the US AUSTIN – The Railroad Commission of Texas issued a total of 673 original drilling permits in Nov. 2016 compared to 687 in Nov. 2015. The Nov. total included 581 permits to drill new oil or gas wells, […]

By December 10, 2016 0 Comments Read More →
OPEC crude oil production hit new record of 33.86 million b/d in Nov.

OPEC crude oil production hit new record of 33.86 million b/d in Nov.

OPEC production up 320,000 barrels per day from Oct.; sixth consecutive monthly increase Oil production from the Organization of the Petroleum Exporting Countries (OPEC) for Nov. rose for the sixth straight month to a record 33.86 million b/d, according to a survey of OPEC and oil industry officials by S&P Global Platts. OPEC crude output […]

By December 9, 2016 0 Comments Read More →
US natural gas production experiences modest recovery in November

US natural gas production experiences modest recovery in November

November natural gas production rebounds from Oct. lows as regional markets rebalance HOUSTON– Lower 48 US natural gas production rose slightly in Nov., averaging nearly 72.1 billion cubic feet per day in Nov., which reflects an increase of 1.6 per cent (1.1 Bcf/d) above the average in Oct., according to analysis from IHS Markit. The […]

By December 8, 2016 0 Comments Read More →
November 2016 American rig count up 36 to 580

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 […]

By December 7, 2016 0 Comments Read More →
Texas oil and gas production statistics for Nov. 2015 – Railroad Commission

Texas oil and gas production statistics for Nov. 2015 – Railroad Commission

Texas Nov. 2015 crude oil production up: 2,365,640 b/d compared to 2,255,356 b/d of Nov. 2014 Oil prices may be down, but Texas production is up for Nov. 2015 compared to the year before, according to new statistics from the Railroad Commission of Texas. Production for Nov. 2015 is 70,969,209 barrels of crude oil and 596,523,139 Mcf (thousand cubic […]

By January 24, 2016 0 Comments Read More →