WTRG Economics Rig Count
                      and Energy Forecasts

Analysis, planning, forecast and data services for energy producers and consumers.
Rig Count News - January 11, 2018  U.S. rig count  was unchanged. Rigs targeting oil were down 4 and gas rigs were up 4. Canadian rig count was up 108 with oil rigs higher by 83 and gas drilling increased by 25. International rigs are up 34 for the month of December. Follow the link for detailed tables and graphs of U.S. and Canada.
Subscribe to WTRG's Energy Economist Newsletter - In-depth analysis, information and forecasts. In addition to OPEC and crude oil prices, gasoline and natural gas prices, topics include regional, national and international exploration, production and consumption. Details and subscription information.
Energy Blog:
Coal, CO2 and Limitations of Energy Policy

Oil Price History and Analysis - 1869 - 2011. This history of oil prices has 152 years of oil prices and the economic and political events that shaped the price: wars, economy, domestic policy, embargoes, OPEC and price controls.
Measures of Petroleum Dependence and Vulnerability in OECD Countries Examines energy security, petroleum dependence, and petroleum vulnerability of the major consuming countries.  Originally published in Middle East Economic Survey
The Coming Energy Crisis? Parallels with earlier energy crises underscore US vulnerability to oil supply shocks today. This summary of our research appeared in the Oil and Gas Journal the first in a series on Global Energy Security. 
Venezuela Once again a nation in crisis, possibly facing civil war with dire implications for oil prices.
OPEC Issues and Analysis: Articles written over several years analyzing the decisions faced by the Organization of Petroleum Exporting Countries.
National Energy Policy - The report to the President.
Links to oil, gas and general energy news and information
About WTRG Economics.Our products and services
Projects A brief list of some of the projects done by WTRG and its associates.
Crude Oil, Gasoline and Natural Gas Futures Prices

NYMEX Prices for January 17, 2019
NYMEX Light Sweet Crude -0.24
ICE Brent
-0.14 $61.18
RBOB Gasoline NY Harbor +0.0141
Heating Oil NY Harbor -0.0103  $1.8843
NYMEX Natural Gas +0.029
Links to Oil, Gas, Energy Prices, News & Issues:
Russia aims to speed up oil output cuts as Saudis criticize pace
Schlumberger wins contract to manage Equinor project offshore Brazil
Mexico City Pipeline Hit by ‘Sabotage’ amid Crackdown
Frac Hits Reveal Well Spacing May Be Too Tight, Completion Volumes Too Large
Oil ticks up 20 cents, settling at $52.31, as rising US supply caps gains
Venezuela's opposition looks for ways to oust Maduro, transfer power
East Libyan forces heading south to secure oil sites
White House prepares for a Venezuela without Nicolás Maduro
Saudis Say OPEC+ Cuts Provided US Shale Lifeline
Saudi Arabia reports post-audit reserves of 268.5 billion bbl
China's natural gas imports hit record high
U.S. LNG ready to take center stage in 2019
LNG and natural gas pricing brings Haynesville back to life
Crude Oil and Natural Gas Rig Count: U.S.unchanged, Canada +108 International +34

US Oil Export Boom Sparks Battle to Build Texas Ports
China Flexes Shale Muscles as CNPC Ups Gas Output 40%
Different Basins, Different Produced Water Strategies
U.S. oil prices up an 8th session to score highest finish since mid-December
Oil up more than 4 percent on U.S.-China trade talk hopes, OPEC cuts
China's tighter pollution controls on diesel trucks to impact fuel demand
Saudis Set Sights On $80 Oil
Could acoustic tech make shale fracking better?
US Shale Fracking Activity Slowed in 2H 2018
Venezuela Supreme Court judge Christian Zerpa flees to US
Venezuela taps obscure driller to replace big-name oil firms
Trump Credits Own 'Talent' for Low Oil Prices
$92MM Corpus Christi Dredging Contract Awarded
Oil to hover in $60 to $80 range in 2019, says analyst Yergin
OPEC Is Losing Its Stranglehold On Oil Prices
New Venezuela congress chief says Maduro will be usurper president
OPEC Output Falls Most in Almost 2 Years as Saudi Cuts Begin
EIA: U.S. LNG export capacity to more than double by the end of 2019
U.S. oil ekes out a gain as futures close out declines for month, quarter and year
Exxon drilling two new wells offshore Guyana
Petrobras reports 2.62 MMbbl of oil production in Nov. 2018
Shale Explorers Boost US Drilling Again Despite Oil Price Collapse
In booming Permian Basin oil patch, natural gas is sometimes given away
Oil output goes AWOL in Venezuela as soldiers run PDVSA
OPEC+ will hold extra meeting if output cuts 'not enough': UAE
OPEC is in 'whatever it takes' moment to prop up oil prices
Oversold oil market will give way to gains in 2019, experts predict
Crude refusal: China shuns U.S. oil despite trade war truce
ExxonMobil ship approached by Venezuelan navy off Guyana
Shale Explorers Boost Drilling Even After Oil Prices Collapse
OPEC to release country quotas for oil output cut - document
As oil prices plunge, OPEC output is at risk from social unrest
US Gulf of Mexico poised for historic year, says WoodMac
Permian's Growth Spurt at Risk of Being Stunted
Oil spirals below $47 as dark clouds envelop demand outlook
Saudi Arabia optimistically estimates 2019 at $80/bbl and 10.2 MMbopd
U.S. oil prices plunge over 7% to settle at a nearly 16-month low as supply worries pummel market
Exxon Becomes Permian Drill Chief

Graphs Oil and Natural Gas Prices
Futures Prices Spot Prices
NYMEX Crude Oil WTI Cushing, Oklahoma
Brent Crude Oil Brent Spot
RBOB Gasoline Gasoline - New York Harbor
Heating Oil Heating Oil - New York Harbor
NYMEX Natural Gas Natural Gas Henry Hub Louisiana
If prices appear to be out of date refresh or reload your browser.  Try the F5 key.

Copyright © 1996-2019 by James L. Williams
James L. Williams
WTRG Economics 
P.O. Box 250
London, Arkansas 72847
Phone: (479) 293-4081
To contact us or if you have comments or suggestions,
email WTRG at wtrg@wtrg.com