Baker Hughes rig count report for the week ended March, 6, 2015.
The Baker Hughes (ticker: BHI) rig count for the week ended March 6, 2015, reports a total number of rigs in the United States of 1,192, down 75 from last week’s total of 1,267. The decline represents a 6% week-over-week decrease and approximately an 18% decrease from the beginning of last month when the total U.S. rig count numbered 1,456. The amount of active rigs has fallen 23% since the beginning of this year.
A press release from BHI said that while the U.S. rig count was down, the international rig count for February 2015 increased by 17 to 1,275 overall, compared to 1,258 in January 2015. The latest number is still 66 rigs short of the 1,341 international rigs counted in February 2014. The international offshore rig count for February 2015 was 324, up 10 from 314 in January of this year, and up 6 from the 318 operating in February 2014.
The worldwide rig count for February 2015 was 2,986, down 323 from 3,309 in January 2015, and down 750, or 20%, from the 3,736 rigs counted in February 2014.
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