Oil and Gas by the Numbers 04/21/2011

Rig Count

updated 04/15/11

United States Total:  1800 (up 28 this week)
TX: 801
LA: 170
OK: 174
ND: 161
PA: 104
NM: 73
CO: 72
WY: 41
CA: 41
WV: 14
MT: 10
AK: 6

Permits Issued for Drilling

04/15/11 thru 04/21/11

TX: 661
ND: 20
MT: 3 new, 2 reissued
CA: no report
WY: 72

Gasoline Prices

04/22/11

National Average:  $3.83/gal
US Low: WY $3.524/gal
US High:  HI $4.640/gal

Marcellus boosts Range output

Marcellus boosts Range output - Upstream Online

Muddy roads, reserve pits flooding main problems in oil field

I posted up a picture earlier of the flooding on just one location in the Bakken. 

Here is a quick article from the Minot Daily News about the effects on the oil industry.
Muddy roads, reserve pits flooding main problems in oil field - MinotDailyNews.com News, sports, business, jobs - Minot Daily News

McMoRan beats Street Estimates

Gas prices help company to cut losses from last years numbers.
McMoRan beats Street - Upstream Online

Fred Olsen goes drillship shopping

Fred Olsen goes drillship shopping - Upstream Online

Shell sees Alaska Arctic spud next year

Shell sees Alaska Arctic spud next year - Upstream Online

Samson Oil and Gas Quarterly Report

Samson Oil and Gas posts a very positive report for 1Q 2011. The full report can be read at: Samson Oil and Gas Quarterly Report

Chesapeake updates.

It appears that there is some info on Chesapeake that I had not been aware of pertaining to Chesapeake assets in the Bakken.  It is still not clear if the assets actually pertain to the Bakken, but it would appear that they have acquired acreage in North Dakota.  I did a little research and did find information an the wells that Chesapeake currently had in the area.  The most current status update was in 2002 according to the ND Oil and Gas Commission.  All I can say is that I have found a new research project for the week.  In the meantime readers can get more information be going to one of my favorite blogs on the Bakken at Million Dollar Way - Something Big in Bakken....

Cimarex will Announce 1Q 2011 Results

Cimarex Energy (XEC) will hold the 1Q 2011 conferenece call on May 6th at 11:00 AM.
For further information please keep the website at Cimarex Energy.