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2016-07-08 18:05:00

WORLDWIDE RIG COUNT DOWN 729

WORLDWIDE RIG COUNT DOWN 729

 

RIG COUNT 1991 - 2016

 

Jul. 8, 2016-- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for June 2016 was 927 down 28 from the 955 counted in May 2016, and down 219 from the 1,146 counted in June 2015. The international offshore rig count for June 2016 was 223, down 6 from the 229 counted in May 2016, and down 54 from the 277 counted in June 2015.

The average U.S. rig count for June 2016 was 417, up 9 from the 408 counted in May 2016, and down 444 from the 861 counted in June 2015. The average Canadian rig count for June 2016 was 63, up 21 from the 42 counted in May 2016, and down 66 from the 129 counted in June 2015.

The worldwide rig count for June 2016 was 1,407, up 2 from the 1,405 counted in May 2016, and down 729 from the 2,136 counted in June 2015.

June 2016 Rotary Rig Counts

 

June 2016

 

May 2016

June 2015

  Land Offshore Total Month Variance Land Offshore Total Land Offshore Total
                     
Latin America 147 31 178 -10 158 30 188 252 62 314
Europe 52 39 91 -4 53 42 95 65 48 113
Africa 68 19 87 -4 71 20 91 74 29 103
Middle East 341 48 389 -2 340 51 391 352 49 401
Asia Pacific 96 86 182 -8 104 86 190 126 89 215
International 704 223 927 -28 726 229 955 869 277 1,146
                     
United States 396 21 417 9 384 24 408 833 28 861
Canada 63 0 63 21 40 2 42 125 4 129
North America 459 21 480 30 424 26 450 958 32 990
                     
Worldwide 1,163 244 1,407 2 1,150 255 1,405 1,827 309 2,136

-----

Earlier: 

U.S. RIGS UP 10 

U.S. JOBS DOWN 100,000 

WORLDWIDE RIG COUNT DOWN 722 

OIL COMPANIES RESTRUCTURING 

HALLIBURTON & BAKER HUGHES TERMINATION

 

 

Tags: OIL, GAS, RIG, COUNT, BAKER, HUGHES

Chronicle:

WORLDWIDE RIG COUNT DOWN 729
2018, May, 23, 10:21:00

IRAN - EUROPE NUCLEAR

WNN - "We met today to confirm the continuing commitment of the European Commission and the Atomic Energy Organisation of Iran towards the implementation of the Joint Comprehensive Plan of Action, and in particular its Annex III which addresses civil nuclear cooperation," Cañete and Ali Akhbar Salehi, president of the AEOI, said in a joint statement on 19 May. "We believe that the continuing implementation of the JCPOA, which was unanimously endorsed by UN Security Council Resolution 2231, is crucial for the development and progress of the region as well as the global peace and security."

WORLDWIDE RIG COUNT DOWN 729
2018, May, 23, 10:15:00

NO OIL FUTURE 2040

BLOOMBERG - Natural gas will probably emerge as the main fossil fuel “winner” as it balances renewables in power generation and is used as a substitute for oil in petrochemicals. Long-term gas demand is set to increase by 15 percent, or by 750 billion cubic meters, compared to business as usual,

WORLDWIDE RIG COUNT DOWN 729
2018, May, 23, 10:10:00

CLEAN NUCLEAR FUTURE

WNN - The United States, Canada, and Japan are launching the Nuclear Innovation: Clean Energy (NICE) Future Initiative. This global effort will make sure nuclear has a seat at the table during discussions about innovation and advanced clean energy systems of the future.

WORLDWIDE RIG COUNT DOWN 729
2018, May, 23, 10:05:00

ARABIAN OIL FOR INDIA

AOG - The agreement between ADNOC and ISPRL, which was initiated in January 2017 during a visit to India by a high-ranking UAE delegation, led by His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, covers the storage of 5.86 million barrels of ADNOC crude oil in underground facilities, at the Karnataka facility. The first shipment, of approximately two million barrels of crude oil, will be followed by further shipments after India’s annual monsoon season.

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