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2016-11-07 18:35:00

WORLDWIDE RIG COUNT DOWN 466

WORLDWIDE RIG COUNT DOWN 466

Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for October 2016 was 920, down 14 from the 934 counted in September 2016, and down 191 from the 1,111 counted in October 2015. The international offshore rig count for October 2016 was 200, down 21 from the 221 counted in September 2016, and down 70 from the 270 counted in October 2015.

The average U.S. rig count for October 2016 was 544, up 35 from the 509 counted in September 2016, and down 247 from the 791 counted in October 2015. The average Canadian rig count for October 2016 was 156, up 15 from the 141 counted in September 2016, and down 28 from the 184 counted in October 2015.

The worldwide rig count for October 2016 was 1,620, up 36 from the 1,584 counted in September 2016, and down 466 from the 2,086 counted in October 2015.

 

October 2016 Rotary Rig Counts

  October 2016   September 2016 October 2015
  Land Offshore Total

Month
Variance

Land Offshore Total Land Offshore Total
                     
Latin America 153 30 183 -6 151 38 189 239 55 294
Europe 63 24 87 -5 56 36 92 65 43 108
Africa 67 10 77 0 68 9 77 64 29 93
Middle East 339 52 391 5 336 50 386 349 54 403
Asia Pacific 98 84 182 -8 102 88 190 124 89 213
International 720 200 920 -14 713 221 934 841 270 1,111
                     
United States 521 23 544 35 491 18 509 758 33 791
Canada 154 2 156 15 140 1 141 183 1 184
North America 675 25 700 50 631 19 650 941 34 975
                     
Worldwide 1,395 225 1,620 36 1,344 240 1,584 1,782 304 2,086

 

-----

Earlier: 

WORLDWIDE RIG COUNT UP 37 

INTERNATIONAL RIG COUNT DOWN 200 

INTERNATIONAL RIG COUNT DOWN 686 

WORLDWIDE RIG COUNT DOWN 729 

WORLDWIDE RIG COUNT DOWN 722

 

 

Tags: OIL, GAS, RIG, COUNT

Chronicle:

WORLDWIDE RIG COUNT DOWN 466
2018, January, 22, 08:20:00

RUSSIAN NUCLEAR POWER - 2017

WNA - Apart from adding capacity, utilisation of existing plants has improved markedly since 2000. In the 1990s capacity factors averaged around 60%, but they have steadily improved since and in 2010, 2011 and 2014 were above 81%. Balakovo was the best plant in 2011 with 92.5%, and again in 2014 with 85.1%.

WORLDWIDE RIG COUNT DOWN 466
2018, January, 22, 08:15:00

INDIA'S NUCLEAR POWER - 2017

WNA - India has a flourishing and largely indigenous nuclear power programme and expects to have 14.6 GWe nuclear capacity on line by 2024 and 63 GWe by 2032. It aims to supply 25% of electricity from nuclear power by 2050.

WORLDWIDE RIG COUNT DOWN 466
2018, January, 22, 08:10:00

CHINA'S NUCLEAR POWER - 2017

WNA - Mainland China has 38 nuclear power reactors in operation, about 20 under construction, and more about to start construction. The reactors under construction include some of the world's most advanced, to give a 70% increase of nuclear capacity to 58 GWe by 2020-21. Plans are for up to 150 GWe by 2030, and much more by 2050.

WORLDWIDE RIG COUNT DOWN 466
2018, January, 22, 08:05:00

U.S. - RUSSIA'S NUCLEAR

PLATTS - "The domestic uranium mining industry needs US government assistance to survive the foreign onslaught -- particularly from Russia and Kazakhstan -- that has undermined the US uranium industry while new players -- particularly China -- will soon make the situation worse," Energy Fuels and Ur-Energy said in a petition they jointly filed with the department.

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