U.S. Rig Count is down 12
U.S. Rig Count is down 12 from last week to 642 with oil rigs down 5 to 520, gas rigs down 6 to 117 and miscellaneous rigs down 1 to 5.
U.S. Rig Count is down 120 rigs from last year’s count of 762 with oil rigs down 81, gas rigs down 42 and miscellaneous up 3.
The U.S. Offshore Rig Count is down 1 to 17, down 1 year-over-year.
Canada is down 1 to 189 rigs.
Canada Rig Count is down 1 from last week to 189, with oil rigs up 3 to 119 gas rigs down 4 to 70.
Canada Rig Count is down 12 from last year’s count of 201, with oil rigs down 18, and gas rigs up 6.
| Region | Period | Rig Count | Change |
| U.S.A | 18 August 2023 | 642 | -12 |
| Canada | 18 August 2023 | 189 | -1 |
| International | July 2023 | 961 | +2 |
London, 20 August, 2023, (Oilandgaspress) : A top Chinese official reportedly called for tighter secrecy in the energy sector to protect national interests against hostile foreign forces, echoing a broader crackdown impacting the country’s investment landscape. “It is necessary to increase propaganda around ensuring confidentiality, give full play to the traditions of confidentiality in nuclear, petroleum and other energy industries, organize and hold various activities, actively foster a culture of protecting secrets and extreme discretion,” Zhang Jianhua, the director of China’s National Energy Administration, said in comments published on the agency’s website on Wednesday translated by CNBC.
Russia’s Arctic-2 LNG project, in which China’s CNOOC Ltd 0883.HK holds a 10% stake, is proceeding as planned with first phase to start operation during this year, senior company executives said on Friday. Arctic-2 is led by Russian firm Novatek NVTK.MM which holds a 60% stake. Other shareholders include French energy major TotalEnergies TTEF.PA, China’s CNPC and Japan Arctic LNG – a consortium of Mitsui & Co, Ltd. 8031.T and JOGMEC – each holding 10% stake. Read More
The Nigeria Extractive Industries Transparency Initiative (NEITI) on Wednesday said, Nigeria lost over 619.7 million barrels of crude oil valued at $46.16 billion or N16.25 trillion from 2009 to 2020 from theft and sabotage, amounting to losing over 140,000 barrels of crude valued at $10.7 million daily.
It added that the total revenue earnings of $741.48 billion to the government came from the oil and gas sector and N635.3 billion from the solid minerals sector between 1999-2020 and 2006-2020 respectively. This was revealed when it held a stakeholders’ roundtable for the final approval of the 2021 Industry Oil, Gas and Solid Minerals Reports before their release to the public. Read More
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OilandGasPress Energy Newsbites and Analysis Roundup | Compiled by: OGP Staff, Segun Cole @oilandgaspress.
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