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2016-06-07 18:30:00

WORLDWIDE RIG COUNT DOWN 722

WORLDWIDE RIG COUNT DOWN 722

 

INTERNTIONAL OIL GAS RIG COUNT 2009 - 2016

 

HOUSTON--Jun. 7, 2016-- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for May 2016 was 955 up 9 from the 946 counted in April 2016, and down 203 from the 1,158 counted in May 2015. The international offshore rig count for May 2016 was 229, up 9 from the 220 counted in April 2016, and down 55 from the 284 counted in May 2015. 

The average U.S. rig count for May 2016 was 408, down 29 from the 437 counted in April 2016, and down 481 from the 889 counted in May 2015. The average Canadian rig count for May 2016 was 42, up 1 from the 41 counted in April 2016, and down 38 from the 80 counted in May 2015.

The worldwide rig count for May 2016 was 1,405, down 19 from the 1,424 counted in April 2016, and down 722 from the 2,127 counted in May 2015.

May 2016 Rotary Rig Counts

 
 

 

May 2016

 

 

April 2016

 

May 2015

  Land Offshore Total Month Variance Land Offshore Total Land Offshore Total
   
Latin America 158 30 188 -15 167 36 203 258 69 327
Europe 53 42 95 5 54 36 90 68 48 116
Africa 71 20 91 1 70 20 90 69 31 100
Middle East 340 51 391 7 330 54 384 357 41 398
Asia Pacific 104 86 190 11 105 74 179 122 95 217
International 726 229 955 9 726 220 946 874 284 1,158
                     
United States 384 24 408 -29 411 26 437 857 32 889
Canada 40 2 42 1 40 1 41 78 2 80
North America 424 26 450 -28 451 27 478 935 34 969
                     
Worldwide 1,150 255 1,405 -19 1,177 247 1,424 1,809 318 2,127

 

bakerhughes.com

-----

Earlier: 

U.S. RIGS UP 4 

U.S. WERE THE LARGEST 

U.S. OIL DEMAND UP, PRODUCTION DOWN 

U.S. ENERGY DEBT: $370 BLN 

U.S. OIL INVENTORIES UP 2.8 MBL

 

 

 

Tags: OIL, GAS, RIG, COUNT

Chronicle:

WORLDWIDE RIG COUNT DOWN 722
2018, February, 16, 23:15:00

DEWA INVESTS $22 BLN

AOG - The Dubai Electricity & Water Authority (DEWA) is to invest around $22bn on new energy projects across the next five years, with the renewables sector accounting for an increasing share of electricity generation, according to CEO Saeed Mohammed Al Tayer.

WORLDWIDE RIG COUNT DOWN 722
2018, February, 16, 23:10:00

TRANSCANADA NET INCOME $3.0 BLN

TRANSCANADA - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada or the Company) announced net income attributable to common shares for fourth quarter 2017 of $861 million or $0.98 per share compared to a net loss of $358 million or $0.43 per share for the same period in 2016. For the year ended December 31, 2017, net income attributable to common shares was $3.0 billion or $3.44 per share compared to net income of $124 million or $0.16 per share in 2016.

WORLDWIDE RIG COUNT DOWN 722
2018, February, 16, 23:05:00

RUSSIAN NUCLEAR FOR CONGO

ROSATOM - February 13, 2018, Moscow. – ROSATOM and the Ministry of Scientific Research and Technological Innovations of the Republic of Congo today signed a Memorandum of Understanding on cooperation in the field of peaceful uses of atomic energy.

WORLDWIDE RIG COUNT DOWN 722
2018, February, 16, 23:00:00

U.S. INDUSTRIAL PRODUCTION DOWN 0.1%

FRB - Industrial production edged down 0.1 percent in January following four consecutive monthly increases. Manufacturing production was unchanged in January. Mining output fell 1.0 percent, with all of its major component industries recording declines, while the index for utilities moved up 0.6 percent. At 107.2 percent of its 2012 average, total industrial production was 3.7 percent higher in January than it was a year earlier. Capacity utilization for the industrial sector fell 0.2 percentage point in January to 77.5 percent, a rate that is 2.3 percentage points below its long-run (1972–2017) average.

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