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2017-11-09 13:30:00

WORLDWIDE RIG COUNT DOWN 4 TO 2,077

WORLDWIDE RIG COUNT DOWN 4 TO 2,077

BAKER HUGHES A GE international rig count for October 2017 was 951, up 20 from the 931 counted in September 2017, and up 31 from the 920 counted in October 2016. The international offshore rig count for October 2017 was 204, up 14 from the 190 counted in September 2017, and up 4 from the 200 counted in October 2016.

The average US rig count for October 2017 was 922, down 18 from the 940 counted in September 2017, and up 378 from the 544 counted in October 2016. The average Canadian rig count for October 2017 was 204, down 6 from the 210 counted in September 2017, and up 48 from the 156 counted in October 2016.

The worldwide rig count for October 2017 was 2,077, down 4 from the 2,081 counted in September 2017, and up 457 from the 1,620 counted in October 2016.

 

October 2017 Rig Counts

 

  October 2017   September 2017 October 2016
  Land Offshore Total

Month
Variance

Land Offshore Total Land Offshore Total
                     
Latin America 151 26 177 0 150 27 177 153 30 183
Europe 61 30 91 0 58 33 91 63 24 87
Africa 71 14 85 6 66 13 79 67 10 77
Middle East 340 45 385 -10 347 48 395 339 52 391
Asia Pacific 124 89 213 24 120 69 189 98 84 182
International 747 204 951 20 741 190 931 720 200 920
                     
United States 901 21 922 -18 922 18 940 521 23 544
Canada 202 2 204 -6 209 1 210 154 2 156
North America 1,103 23 1,126 -24 1,131 19 1,150 675 25 700
                     
Worldwide 1,850 227 2,077 -4 1,872 209 2,081 1,395 225 1,620

 

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Earlier:  

WORLDWIDE  RIG COUNT DOWN 35
2017, October, 9, 21:35:00

WORLDWIDE RIG COUNT DOWN 35

Baker Hughes, a GE company (NYSE:BHGE) announced today that the Baker Hughes international rig count for September 2017 was 931, down 21 from the 952 counted in August 2017, and down 3 from the 934 counted in September 2016. The international offshore rig count for September 2017 was 190, down 11 from the 201 counted in August 2017, and down 31 from the 221 counted in September 2016.

 
 WORLDWIDE RIG COUNT UP 6 TO 2,116
2017, September, 11, 12:10:00

WORLDWIDE RIG COUNT UP 6 TO 2,116

The worldwide rig count for August 2017 was 2,116, up 6 from the 2,110 counted in July 2017, and up 569 from the 1,547 counted in August 2016.

 

 WORLDWIDE RIG COUNT UP 69 TO 2,110
2017, August, 14, 14:00:00

WORLDWIDE RIG COUNT UP 69 TO 2,110

Baker Hughes, a GE company (NYSE:BHGE) announced today that the Baker Hughes international rig count for July 2017 was 959, down 1 from the 960 counted in June 2017, and up 21 from the 938 counted in July 2016. The international offshore rig count for July 2017 was 204, up 7 from the 197 counted in June 2017, and down 22 from the 226 counted in July 2016.

 

 IEA: ENERGY INVESTMENT UPDOWN
2017, July, 12, 14:10:00

IEA: ENERGY INVESTMENT UPDOWN

Total energy investment worldwide in 2016 was just over $1.7 trillion, accounting for 2.2% of global GDP. Investment was down by 12% compared to IEA’s revised 2015 energy investment estimate of $1.9 trillion.

 

 WORLDWIDE RIG COUNT DOWN 466
2016, November, 7, 18:35:00

WORLDWIDE RIG COUNT DOWN 466

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.

 

 RIGS DOWN 1571
2015, November, 6, 19:40:00

RIGS DOWN 1571

The worldwide rig count for October 2015 was 2,086, down 85 from the 2,171 counted in September 2015, and down 1,571 from the 3,657 counted in October 2014.

 

 $200 BLN STOP
2015, June, 17, 18:50:00

$200 BLN STOP

Deepwater oil projects and complex gas facilities worth around $200 billion have been cancelled or put on hold worldwide in recent months due to the sharp drop in oil prices over the past year, consultancy Ernst and Young said.

 

Tags: WORLDWIDE, RIG, COUNT

Chronicle:

WORLDWIDE RIG COUNT DOWN 4 TO 2,077
November, 15, 15:25:00

OIL PRICE: ABOVE $61 AGAIN

REUTERS - Brent crude futures LCOc1 were down 72 cents at $61.49 per barrel at 1020 GMT, having fallen by 1.5 percent on Tuesday, its largest one-day drop in a month. U.S. West Texas Intermediate (WTI) crude CLc1 was at $55.12 per barrel, down 58 cents.

WORLDWIDE RIG COUNT DOWN 4 TO 2,077
November, 15, 15:20:00

IEA COOLS THE MARKET

BLOOMBERG - Prices dropped during the session as the International Energy Agency said the recent recovery in oil prices, coupled with milder-than-normal winter weather, is slowing demand growth. The worsening outlook for consumption dampened some of the enthusiasm that OPEC and its allies will extend supply curbs.

WORLDWIDE RIG COUNT DOWN 4 TO 2,077
November, 15, 15:15:00

IEA: GLOBAL ENERGY DEMAND UP BY 30%

Global energy needs rise more slowly than in the past but still expand by 30% between today and 2040. This is the equivalent of adding another China and India to today’s global demand.

WORLDWIDE RIG COUNT DOWN 4 TO 2,077
November, 15, 15:10:00

RUSSIA'S OIL EXPORTS UP

Product exports have grown significantly over the past several years and are expected to continue to grow as Russian refineries add capacity to produce more high-quality products.

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