The global active offshore drilling rig count for June 2020 was lower by 65 units, compared to June 2019, Baker Hughes' monthly rig count report has shown. To help listeners stay abreast of changes, new developments and trends in their industry, IHS Markit experts and analysts have contributed to podcasts on timely and thought-provoking topics. View the Petrodata Offshore Rig Day Rate Trends Report. Questions? Oilfield Knowledge Center. Aspermont Limited (ABN 66 000 375 048), PO Box 78, Leederville, Western Australia 6902. Australia Gas Rig Count is at a current level of 9.00, unchanged from 9.00 last month and down from 17.00 one year ago. Rig use in Africa is down to just 61 units from 103 in April and 108 in March, a fall of approximately 43.5%. A global team of industry-recognized experts contributes incisive and thought-provoking analysis. Air Core; Blasthole; Diamond Drills; Drilling Fluids; Drilling … This does not reflect the number of rigs actually working at any given time as some contracted rigs may be moving between locations, undergoing maintenance, waiting on weather, etc. IHS Markit is the leading source of information and insight in critical areas that shape today's business landscape. North American Rotary Rig Counts The U.S. rotary rig count from Baker Hughes was up 9 at 296 for the week of October 30, 2020. Starting in February 2020, the international rig count will be released on the last working day of the first week of the month. Customers around the world rely on us to address strategic and operational challenges. Recently it began using a new system to increase profits by reducing geosteering operations from hours to minutes with real-time data, improving communication efficiency between engineers and geophysicists, and by integrating seismic information with well data. Australia's shale potential has been a more recent development in the realm of exploration and production. Drill rigs for sale | Rig Sales Australia. IHS Markit delivers critical analysis and guidance spanning the world's most important business issues. How will the upstream industry deal with the carnage of 2020? Understanding LMP basis risk is critical to accurately assess you… https://t.co/ejpb46hiyG, Looking to build or invest in a new power development project in North America? July 2, 2020. Europe's active offshore rig number for June almost halved with 25 active units in June 2020, versus 49 units in June 2019. Vietnam has two active rigs, as does Thailand and Japan. The active rig count acts as a leading indicator of demand for products used in drilling, completing, producing and processing hydrocarbons. The experts and leaders who set the course for IHS Markit and its thousands of colleagues around the world. Monthly Averages by State 1992-2016 827.9 KB 04/06/17 North America Rotary Rig Counts through 2016 3.2 MB 04/06/17 U.S. Brunei, Papua New Guinea, South Korea, currently have no active rigs. 0413 907 649 firstname.lastname@example.org Home; Drills. Browse our huge range of Drilling Rigs Davies International has access to 1000’s of Drilling rigs across Australia as well as having international partners with stock ready and available for immediate sale. North America has been decimated by both COVID-19 restrictions and the oil price crash which saw US Crude prices fall briefly into negative territory two months ago. The North American rig count is released weekly at noon Central Time on the last day of the work week. The number of rotary rigs drilling for oil is up 6 to 213. Updated each Friday, the Weekly Rig Count provides accurate offshore drilling rig data by major region and globally. Home to numerous basins, the most popular unconventional targets are located in the Cooper Basin (other popular basins Baker Hughes Rig Counts are published by major newspapers and trade publications, are referred to frequently by journalists, economists, security analysts and government officials, and are included in many industry statistical reports. BP refinery closure leaves Kwinana "devastated and... Triangle pulls reserves statement after BP shutdown... Central brushes off uncertainty with bullish approach... Nail-biting US election to decide fate of energy dominance... Slugcatcher on Exxon's time to crash-through or crash... Kwinana shutdown: Perth Basin's oilers react. Sign in to the product or service center of your choice. It is 526 rigs (64.0%) lower than last year. Baker Hughes Rig Counts are published by major newspapers and trade publications, are referred to frequently by journalists, economists, security analysts and government officials, and are included in many industry statistical reports. While seeking oil and gas development opportunities in the Rocky Mountains region, this Denver-based company has increased workflow efficiency by using a new platform that displays research based on users' preferences, delivers hours of time-savings each week and enables greater focus on high-level analysis. Questions? Similarly, North America - Canada and the U.S. - saw its active offshore rig count for June 2020 fall to 14 units, down from 27 in June last year. The number of rotary rigs drilling for oil is up 10 to 223. Rigs targeting natural gas were down 1 at 73. The worldwide active rig count in June was 208, compared to 273 a year ago, and 210 in May 2020. The Baker Hughes Rig Counts are an important business barometer for the drilling industry and its suppliers. According to Baker Hughes there are 18 active oil and gas drilling rigs in Australia, down from 24 in April and 26 in March. Myanmar and the Philippines both fell from two rigs to none over May. Starting in February 2020, the international rig count will be released on the last working day of the first week of the month. Africa in June last year had 21 active offshore drilling rigs, but this number has fallen drastically to only three rigs in June 2020. Marketed contracted reflects all marketed rigs that have a contract in place. Kansas, Texas 10, OKLA Panhandle regi… https://t.co/KgYWpwy3lU, Canada Rig Location Dataset for Drilling Fleet Activity, Commercial Seismic Vessel Data Quarterly Report, Offshore Rig Data & Analysis from RigPoint, QUE$TOR Oil & Gas CAPEX/OPEX cost estimation software, World Offshore Drilling Rig Forecast: Short-Term Trends, News and Insight, Commercial Offshore Field Development News & Data: FieldsBase, Energy OPEX Planning and Cost Optimization Software: OPE$T, Oil, Natural Gas and Power Strategy Planning and Data: EnergyView, American Institute of Aeronautics and Astronautics (AIAA) Standards, Enterprise Data Management (EDM) - Data Management Solutions for the Energy Industry, Midstream Infrastructure and Markets Database, Copyright © 2020 IHS Markit. For additional information, contact: Rig Support. To lower costs enterprise-wide, a global energy company asked IHS to review 35 internal standards and list 143 comparable international standards. The US rig count has dropped to 348 units from 566 in April and 772 units in March. Example Custom Views Get a weekly view of all vertical oil rigs in DeWitt, Dimmit, Duval, Frio, and Lee counties in For 30+ years, this E&P company has thrived by adopting transformative technologies. Rig use in Indonesia has also increased from 19 active units in April to 21 in May, however it remains down from 28 active units pre-COVID. Rig use is down 64% compared to October last year. The Baker Hughes Rig Counts are an important business barometer for the drilling industry and its suppliers. Europe saw further falls from 130 units pre-COVID-19 to 111 in May. The working rig location information is provided in part by Enverus Drillinginfo.
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