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INDUSTRY STATISTICS


Vol. 235 No. 10

INDUSTRY AT A GLANCE


HENRY.TERRELL@GULFPUB.COM

Signs of slowing worldwide demand growth, combined with plentiful supplies, caused crude oil prices to fall generally last month. Brent Blend dipped below $100/bbl before recovering slightly, while West Texas Intermediate fell to the mid-$90s range. Oil production outside North America—both Opec and non-Opec—fell, bringing world crude output to about 90.4 MMbpd, still 800,000 bpd higher than a year ago. U.S. crude production rose, at a pace similar to that of recent months. Natural gas prices sagged, falling below $4/MMBtu, even as production climbed. The U.S. rotary rig count climbed 1.4% in September, while the worldwide count, overall, gained slightly, despite a 3.7% drop in offshore units.

US Gas Prices ($/MCF) and
Production (BCFD) Graph
World Oil Production Table
US Rotary Drilling Rigs Graph Selected World Oil Prices Graph
US Rotary Drilling Rigs Table International Rotary Rig Graph
Workover Rig Table International Rotary Rig Table
US Oil Production International Offshore Rigs Table
U.S. Onshore Well Count    

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