Sentences with phrase «rig count for»

The Baker Hughes oil rig count for the United States increased on Friday for the 10th consecutive week to 809 operating rigs, resulting in a 20 - rig increase from the week before and a 345 - rig addition in the past 12 months.

Not exact matches

U.S. drillers added five oil rigs looking for new production in the week to April 27, according to energy services firm Baker Hughes, bringing the total count to a March 2015 high of 825.

U.S. drillers added five oil rigs drilling for new production in the week ending April 20, bringing the total count to 820, the highest since March, 2015, according to General Electric's Baker Hughes energy services firm.

Last week, the oil rig count fell for the first time in four months, by two to 441.

In a note on Friday, Morgan Stanley analysts wrote that the recent gain in the US oil - rig count is one reason why they are losing conviction in their call for a re-balancing of the market by mid-2017.

The count of active oil rigs in the US for the fourth straight week last week and is more than 80 % higher than the low reached in May 2016.

Market jitters started immediately last week when Baker Hughes» count of drilling rigs, a leading indicator of U.S. output, ticked up for the first time in nearly two months.

Natural Gas Natural gas futures were among the quarter's key decliners -LRB--7.5 %, to US$ 2.73 per million British thermal units) as production growth outweighed seasonal consumption and higher exports of the fuel.1 Spot prices saw an even larger drop of 20.6 % (to US$ 2.81) as the support of December's weather - related demand spikes faded and a more normal winter pattern developed.1 Natural gas generally took its downward price cues from elevated US production and growth in the natural gas - focused rig count, which increased from 179 to 194 in March alone.2 Despite the price drop, traders remained optimistic given surging US shale - gas exports and a supply deficit that was 20 % larger than the five - year average at March - end, the biggest in four years.3 Moreover, total natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain supplies.

The US oil - rig count plateaued near the highest level in three years and showed signs of declining in late March (to 797), though it still stood 50 rigs above the year - end 2017 total.2 This contributed to expectations for a further increase in American crude production, which has topped 10 mb / d each week since early February, when WTI prices began to recede from their intra-quarterly high of US$ 66.14 a barrel.3 The amount of crude in US storage occasionally exceeded weekly estimates given the higher domestic output and fluctuating net import figures, reigniting fears that US production may thwart OPEC's efforts to clear global oversupply.

Cost cuts brought the rig count down and lowered costs for offshore vessels.

Given that the rig count is a barometer for activity levels, it implies that NOW has outperformed its competitors during the downturn, likely by winning market share.

Lower oil prices have lead to decreased rig counts and less need for drilling materials.

Thankfully, the global active rig count seems to be nearing its nadir after falling for 22 straight weeks.

That action for foreign currency rigging came less than two years after the bank was charged with two felony counts and given a deferred prosecution agreement for aiding and abetting Bernie Madoff in the largest Ponzi fraud in history.

The felony counts came amid three years of non-stop charges against JPMorgan Chase for unthinkable frauds: from rigging electric markets to ripping off veterans to charging credit card customers for fictitious credit monitoring and manipulating the Libor interest rate benchmark.

The very next year, in May 2015, JPMorgan Chase was hit with a new felony count for its role in rigging foreign currency markets as part of a banking cartel.

Crude oil prices are pulling back after a rise in the rig count even though it's making up for lost time after the big freeze down south.

Even today, with prices below $ 50 per barrel, the rig count has been climbing for half a year, and now stands at 588 rigs as of last week, up almost 200 rigs from May.

... For example, if we see a 30 % to 35 % reduction in average rig count, we estimate that raw frac sand demand could decline by as much as 15 % to 20 % from 2014 levels.

The oil rig count, as reported by Baker Hughes, has advanced for the third consecutive week, after 29 straight weeks of declines.

The Baker Hughes North American rig count report for the latest week is schedule for release at 1:00 p.m. ET.

For example, US Silica CEO Bryan Shinn said during his company's most recent conference call that management expects demand for frack sand to decline by just 15 % to 20 % in 2015 assuming U.S. rig counts fall by 30 % -35For example, US Silica CEO Bryan Shinn said during his company's most recent conference call that management expects demand for frack sand to decline by just 15 % to 20 % in 2015 assuming U.S. rig counts fall by 30 % -35for frack sand to decline by just 15 % to 20 % in 2015 assuming U.S. rig counts fall by 30 % -35 %.

«If we can not get relief in the process, we will go to the courts, and we will go to the final, final round, to ensure every vote... is counted, so that tomorrow, when the senior citizen or the young voter goes to the polls, they can be reassured that this democratic process works for them and not that it is rigged, or perhaps that there are backroom strategists put in place to prevent them from voting or to skew the results.»

The 14 - count indictment largely re-established what was already alleged in September's complaint; primarily that Kaloyeros and lobbyist Todd Howe, now a key witness, conspired to rig coveted state contracts for LPCiminelli and COR development companies in exchange for payments.

Wiesner will not go to prison for his guilty plea to one count of bid - rigging.

Similar to the wire fraud conspiracy charge, this count accuses Aiello and Gerardi of acting with Kaloyeros to defraud Fort Schuyler Management Corp. by rigging a request for proposals for Cor.

Volunteers including people from AVillage Inc pitched in for a diesel truck traffic count, finding nearly a thousand big rigs a day pass through the neighborhood.

An array of figures from Gov. Andrew Cuomo's inner circle — including a confidante so close the governor called him «my father's third son» — got slapped with a sweeping 14 - count federal indictment today, which alleges they colluded in a pair of schemes to solicit bribes for state assistance and to rig economic development contracts for companies that gave to Cuomo's campaigns.

Throw in the fact that New Yorkers temporarily residing in upstate prisons Mario Cuomo built were counted as residents there for district - drawing purposes and things are, well, rigged.

Trump showed up 58 minutes late, and almost immediately took shots at the Republican National Committee for allowing the primary system to be «rigged,» saying that his «millions and millions» of vote lead should count more than delegates.

BMW's materials don't specify the power or number of speakers for this unbranded rig, but I was able to count six drivers outputting strong, clear bass with crispy mids and highs.

U.S. producers have made it clear that they'll significantly ramp up production and rig counts if oil rises above $ 60 for an extended period of time.

During 2008 the company benefited from high spot prices for oil and natural gas as well as a contraction in rig count within the GOM.

A January article in Forbes titled «Trump's American Energy Dominance Agenda Becoming Reality» unintentionally highlighted this paradox, opening with a note that the outlook for American oil is strong, precisely because «the U.S. rig count remains remarkably stable.»

Bona Law attorneys Jarod Bona and Aaron Gott urged the U.S. Court of Appeals for the Ninth Circuit to reverse their client's one - count conviction for bid - rigging in an opening brief filed January 17, 2018...

The reduction in rig count in the US will support upward pressure on price, but for now, OPEC is standing firm on its decision to maintain production levels.

The Baker Hughes North American rig count report for the latest week is schedule for release at 1:00 p.m. ET.