Alberta rig count forecast 2020

Get the U.S. Baker Hughes Oil Rig Count results in real time as they're Mar 13, 2020 When drilling rigs are active they consume products and services produced by the oil service industry. Release Date, Time, Actual, Forecast, Previous  3 days ago The U.S. oil drilling rig count rose for a second week in a row despite a forecasts of 13.2 million bpd in 2020 and 13.6 million bpd in 2021.

Projected 2019 wells drilled: 6,962—an increase of 51 from 2018 (6,911*) Projected 2019 operating days: 69,617—an increase of 507 from 2018 (69,110*) Rig fleet expected to decrease by 58 (580 drilling rigs to 522 drilling rigs) Pricing differentials and pipeline delays will continue to curtail capital expenditures Despite a recovery in the price of oil, Read moreCAODC announces its The future of Alberta's oilpatch is looking a little brighter after an updated forecast on drilling activity. The Petroleum Services Association of Canada has released numbers showing an increase Oilsands crude headed for price shock in 2020 due to new fuel standards The coming marine shipping rules could double or even triple the discount on heavy oil, pushing it much wider than the US$30 Our team of global analysts compiles oil rig data daily through direct contact with rig owners and offshore operators to derive dependable figures. March 13, 2020. The rig count tables below include all jackups, semi-submersibles, and drillships. Marketed contracted reflects all marketed rigs that have a contract in place. Drilling Activity Forecasts. 2015/01/23 Report and 2015 Forecast: CAODC updated forecast and CAPP updated forecast. Sources of Canadian Drilling Rig Activity Reports and Forecasts are: Baker Hughes Rotary Rig Count, CAODC, PSAC and RigER Analysis. Other Resources: [INFOGRAPHIC] Drilling Rigs in Western Canada

1 Nov 2019 Canada · PSAC · rig count. The Petroleum Services Association of Canada ( PSAC) forecasts 4,500 wells will be drilled in Canada in 2020, 

Published Monday, January 13, 2020 4:38PM MST Last Updated Tuesday, January Baker Hughes, which has provided publicly available rotary rig counts since 1944. Premier vows to fight for oilpatch as drillers forecast almost no growth in 2020 In a statement, Alberta's energy ministry called the spike in drilling rig  27 Feb 2020 S&P Global Platts Analytics revised downward its outlook for 2020 global crude demand growth by 470,000 b/d to 860,000 b/d in its most recent  For more current oil and gas analysis and forecasts subscribe to: Energy The U.S. rotary rig count from Baker Hughes was down 1 at 792 for the week of March 13, 2020. Rigs drilling for oil are 86.2 percent of all drilling activity. Canadian rig activity was down 28 at 175 for the week of March 3, 2020 and is 14 (8.7%)  6 Mar 2020 The international offshore rig count for February 2020 was 245, The Baker Hughes rig counts are counts of the number of drilling rigs actively  This does not constitute an endorsement by CAODC or IHS/Divestco of this product. Active Drilling Rigs. January, JAN - Jan (AVERAGE). Trend, 2019, 2020, %  IHS Petrodata Weekly Rig Count provides reliable offshore oil rig data by Updated each Friday, the Weekly Rig Count provides accurate offshore drilling rig data by March 13, 2020 Get free World Rig Forecast: Short-Term Trends Report. 1 Nov 2019 Canada · PSAC · rig count. The Petroleum Services Association of Canada ( PSAC) forecasts 4,500 wells will be drilled in Canada in 2020, 

Updated March 13, 2020 Baker Hughes Rig Count. We issue the North America and International rig counts as a service to the industry. Get the weekly and monthly summaries here, or find more details on our Rig Count site.

21 Feb 2020 The number of U.S. rigs drilling for oil barely managed a third-straight The government also forecast shale oil output is expected to rise to a  ST3, Alberta Energy Resource Industries Monthly Statistics, March 05, 2020. Updated monthly Updated daily. ST98, Alberta Energy Outlook, June 07, 2019. E&P spending outlook; U.S. rig count analysis. U.S. drilling projections  1 Nov 2019 More On Drilling & Completions. Drilling & Completions · ​Saskatchewan's drilling rigs back at work for the busy season.

9 Oct 2019 In absolute terms, we expect the rig count during the fourth quarter to be at the lowest level since 1991.” Analysts forecast that in 2020, the 

31 Jan 2019 In a $60/bbl WTI oil price scenario, drilling will increase 8% to over 20,000 price scenario of WTI increasing to $67 in 2020 and up to $70 in 2022. Then Westwood forecasts future rig counts using ratio of wells drilled per  Projected 2020 operating days: 46,599—an increase of 88 from 2019 (46,511*) Rig fleet expected to decrease by 48 (545 drilling rigs to 497 drilling rigs) Total jobs expected = 22,313; flat year over year and a loss of 13,731 jobs compared to 2018. The current CAODC 2020 Drilling Forecast was released on November 13, 2019. Read the Press Release here. WATCH: Scroll down to watch the opening remarks and Premier Jason Kenney's keynote address from the 2019 State of the Industry Luncheon at the Westin Calgary. PUBLISHED - Mar 2, 2020. The average number of active drilling rigs in February 2020 was 166, increasing by 12 (+15.3%) from February 2019. The number of inactive rigs decreased by 22.9% from 240 to 185 over the same period.

The current CAODC 2020 Drilling Forecast was released on November 13, 2019. Read the Press Release here. WATCH: Scroll down to watch the opening remarks and Premier Jason Kenney's keynote address from the 2019 State of the Industry Luncheon at the Westin Calgary.

6 Mar 2020 The international offshore rig count for February 2020 was 245, The Baker Hughes rig counts are counts of the number of drilling rigs actively  This does not constitute an endorsement by CAODC or IHS/Divestco of this product. Active Drilling Rigs. January, JAN - Jan (AVERAGE). Trend, 2019, 2020, %  IHS Petrodata Weekly Rig Count provides reliable offshore oil rig data by Updated each Friday, the Weekly Rig Count provides accurate offshore drilling rig data by March 13, 2020 Get free World Rig Forecast: Short-Term Trends Report. 1 Nov 2019 Canada · PSAC · rig count. The Petroleum Services Association of Canada ( PSAC) forecasts 4,500 wells will be drilled in Canada in 2020,  Published Fri, Jan 31 20201:09 PM EST The oil rig count, an early indicator of future output, dropped in 2019 after rising in Even though the number of rigs drilling new wells fell last year, U.S. oil output continues to increase. have forecast the annual average combined oil and gas rig count will slide from 943 in 2019  6 days ago Chart: Midcontinent, Permian Basin Rig Count As Of March 13, 2020. Kansas, Oklahoma, Texas Dist. 7B, 7C, 8, 8A, 9, 10. 9 Oct 2019 In absolute terms, we expect the rig count during the fourth quarter to be at the lowest level since 1991.” Analysts forecast that in 2020, the 

5 Jan 2020 Canada's drilling rig count is down 14 actively drilling rigs according to data collected by Baker Hughes for the week ending January 3, 2020. Published Monday, January 13, 2020 4:38PM MST Last Updated Tuesday, January Baker Hughes, which has provided publicly available rotary rig counts since 1944. Premier vows to fight for oilpatch as drillers forecast almost no growth in 2020 In a statement, Alberta's energy ministry called the spike in drilling rig  27 Feb 2020 S&P Global Platts Analytics revised downward its outlook for 2020 global crude demand growth by 470,000 b/d to 860,000 b/d in its most recent  For more current oil and gas analysis and forecasts subscribe to: Energy The U.S. rotary rig count from Baker Hughes was down 1 at 792 for the week of March 13, 2020. Rigs drilling for oil are 86.2 percent of all drilling activity. Canadian rig activity was down 28 at 175 for the week of March 3, 2020 and is 14 (8.7%)  6 Mar 2020 The international offshore rig count for February 2020 was 245, The Baker Hughes rig counts are counts of the number of drilling rigs actively  This does not constitute an endorsement by CAODC or IHS/Divestco of this product. Active Drilling Rigs. January, JAN - Jan (AVERAGE). Trend, 2019, 2020, %