Baker Hughes Incorporated (NYSE:BHI) announced today that the
international rig count for April 2017 was 956, up 13 from the 943
counted in March 2017, and up 10 from the 946 counted in April 2016. The
international offshore rig count for April 2017 was 201, up 4 from the
197 counted in March 2017, and down 19 from the 220 counted in April
2016.
The average U.S. rig count for April 2017 was 853, up 64 from the 789
counted in March 2017, and up 416 from the 437 counted in April 2016.
The average Canadian rig count for April 2017 was 108, down 145 from the
253 counted in March 2017, and up 67 from the 41 counted in April 2016.
The worldwide rig count for April 2017 was 1,917, down 68 from the 1,985
counted in March 2017, and up 493 from the 1,424 counted in April 2016.
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April 2017 Rotary Rig Counts
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April 2017
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March 2017
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April 2016
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Month
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Land
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Offshore
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Total
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Variance
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Land
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Offshore
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Total
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Land
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Offshore
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Total
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Latin America
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150
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32
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182
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-3
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150
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35
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185
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167
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36
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203
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Europe
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60
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31
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91
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-3
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63
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31
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94
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54
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36
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90
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Africa
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76
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13
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89
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9
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70
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10
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80
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70
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20
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90
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Middle East
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344
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45
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389
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3
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341
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45
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386
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330
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54
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384
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Asia Pacific
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125
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80
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205
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7
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122
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76
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198
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105
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74
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179
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International
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755
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201
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956
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13
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746
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197
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943
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726
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220
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946
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United States
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833
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20
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853
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64
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770
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19
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789
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411
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26
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437
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Canada
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108
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0
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108
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-145
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252
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1
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253
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40
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1
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41
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North America
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941
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20
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961
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-81
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1,022
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20
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1,042
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451
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27
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478
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Worldwide
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1,696
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221
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1,917
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-68
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1,768
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217
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1,985
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1,177
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247
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1,424
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About the Baker Hughes Rig Counts
The Baker Hughes Rotary Rig Counts are counts of the number of drilling
rigs actively exploring for or developing oil or natural gas in the
U.S., Canada and international markets. Baker Hughes has issued the
rotary rig counts as a service to the petroleum industry since 1944,
when Hughes Tool Company began weekly counts of the U.S. and Canadian
drilling activity. Baker Hughes initiated the monthly international rig
count in 1975.
The North American rig count is scheduled to be released at noon Central
time on the last working day of each week. The international rig count
is scheduled to be released on the fifth working day of the month at
5:00 a.m. Central time. Additional detailed information on the Baker
Hughes rig counts is available from our website.
Baker Hughes is a leading supplier of oilfield services, products,
technology and systems to the worldwide oil and natural gas industry.
The company's 32,000 employees today work in more than 80 countries
helping customers find, evaluate, drill, produce, transport and process
hydrocarbon resources. For more information about Baker Hughes, visit: www.bakerhughes.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170505005227/en/
Copyright Business Wire 2017
Source: Business Wire
(May 5, 2017 - 6:00 AM EDT)
News by QuoteMedia
www.quotemedia.com
