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View Article  Baker Hughes Rig Count

Here is the latest rig count information reported by Baker Hughes.  The total rig count for the U.S. is down 632 rigs from the same time one year ago.

Recent Counts

Area Last CountCountChange from Prior CountDate of Prior CountChange from Last YearDate of Last Year's Count

U.S.

6 Mar 09

1170

-73

from 27 Feb 09

-632

from 7 Mar 08

Canada

6 Mar 09

299

-95

from 27 Feb 09

-324

from 7 Mar 08

International

December 2008

1078

-18

November 2008

+42

December 2007

 

Eric’s Website

View Article  Permian Basin Map

Permian_Basin_map

Eric’s Website

View Article  Oil May Rise to $51 in ‘Embryonic Recovery’: Technical Analysis

I’m not sure about the validity of this article but I really like the phrase “embryonic recovery.”

http://www.bloomberg.com/apps/news?pid=20602099&sid=ajS3Z4SOVmVM&refer=energy

Eric’s Website