INTERNATIONAL RIG COUNT DOWN 200
Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for August 2016 was 937 down 1 from the 938 counted in July 2016, and down 200 from the 1,137 counted in August 2015. The international offshore rig count for August 2016 was 228, up 2 from the 226 counted in July 2016, and down 42 from the 270 counted in August 2015.
The average U.S. rig count for August 2016 was 481, up 32 from the 449 counted in July 2016, and down 402 from the 883 counted in August 2015. The average Canadian rig count for August 2016 was 129, up 35 from the 94 counted in July 2016, and down 77 from the 206 counted in August 2015.
The worldwide rig count for August 2016 was 1,547, up 66 from the 1,481 counted in July 2016, and down 679 from the 2,226 counted in August 2015.
August 2016 Rotary Rig Counts
August 2016 |
July 2016 | August 2015 | ||||||||
Land | Offshore | Total |
Month |
Land | Offshore | Total | Land | Offshore | Total | |
Latin America | 150 | 37 | 187 | 1 | 153 | 33 | 186 | 266 | 53 | 319 |
Europe | 58 | 38 | 96 | 2 | 52 | 42 | 94 | 65 | 44 | 109 |
Africa | 70 | 11 | 81 | -1 | 70 | 12 | 82 | 70 | 26 | 96 |
Middle East | 329 | 50 | 379 | -11 | 339 | 51 | 390 | 341 | 52 | 393 |
Asia Pacific | 102 | 92 | 194 | 8 | 98 | 88 | 186 | 125 | 95 | 220 |
International | 709 | 228 | 937 | -1 | 712 | 226 | 938 | 867 | 270 | 1,137 |
United States | 464 | 17 | 481 | 32 | 429 | 20 | 449 | 849 | 34 | 883 |
Canada | 128 | 1 | 129 | 35 | 92 | 2 | 94 | 202 | 4 | 206 |
North America | 592 | 18 | 610 | 67 | 521 | 22 | 543 | 1,051 | 38 | 1,089 |
Worldwide | 1,301 | 246 | 1,547 | 66 | 1,233 | 248 | 1,481 | 1,918 | 308 | 2,226 |
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Earlier:
INTERNATIONAL RIG COUNT DOWN 686
U.S. OIL WELL COMPLETIONS DOWN 69%