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2017-03-07 18:30:00

WORLDWIDE RIG COUNT UP 109

WORLDWIDE RIG COUNT UP 109

BAKER HUGHES - Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for February 2017 was 941, up 8 from the 933 counted in January 2017, and down 77 from the 1,018 counted in February 2016. The international offshore rig count for February 2017 was 200, down 6 from the 206 counted in January 2017, and down 25 from the 225 counted in February 2016.

The average U.S. rig count for February 2017 was 744, up 61 from the 683 counted in January 2017, and up 212 from the 532 counted in February 2016. The average Canadian rig count for February 2017 was 342, up 40 from the 302 counted in January 2017, and up 131 from the 211 counted in February 2016.

The worldwide rig count for February 2017 was 2,027, up 109 from the 1,918 counted in January 2017, and up 266 from the 1,761 counted in February 2016.

February 2017 Rotary Rig Counts

 

February 2017

 

January 2017

February 2016
       

Month

           
 

Land

Offshore Total

Variance

Land Offshore Total Land Offshore Total
                     
Latin America 147 32 179 3 142 34 176 187 50 237
Europe 69 38 107 9 67 31 98 71 36 107
Africa 68 9 77 -2 68 11 79 68 20 88
Middle East 337 45 382 0 334 48 382 354 50 404
Asia Pacific 120 76 196 -2 116 82 198 113 69 182
International

741

200 941 8 727 206 933 793 225 1,018
                     
United States 724 20 744 61 659 24 683 506 26 532
Canada 340 2 342 40 301 1 302 208 3 211
North America 1,064 22 1,086 101 960 25 985 714 29 743
                     
Worldwide 1,805 222 2,027 109 1,687 231 1,918 1,507 254 1,761

-----

Earlier: 

WORLDWIDE RIG COUNT UP 27 

WORLDWIDE RIG COUNT DOWN 197 

WORLDWIDE RIG COUNT DOWN 369 

WORLDWIDE RIG COUNT DOWN 466 

WORLDWIDE RIG COUNT UP 37

 

 

 

Tags: OIL, GAS, RIG, COUNT

Chronicle:

WORLDWIDE RIG COUNT UP 109
November, 20, 09:05:00

INDIA'S GAS WILL UP

REUTERS - India’s natural gas consumption is expected to rise to 70 billion cubic metres (bcm) by 2022 and 100 bcm by 2030, according to a government think tank and the Oxford Institute of Energy Studies, up from 50 bcm now. India burns just 7 percent of what top user the United States consumes in a year with about a quarter of India’s population.

WORLDWIDE RIG COUNT UP 109
November, 20, 09:00:00

NORWAY SELLS OIL & GAS

Norway, which relies on oil and gas for about a fifth of economic output, would be less vulnerable to declining crude prices without its fund investing in the industry, the central bank said Thursday. The divestment would mark the second major step in scrubbing the world’s biggest wealth fund of climate risk, after it sold most of its coal stocks.

WORLDWIDE RIG COUNT UP 109
November, 20, 08:55:00

OIL PRICES UP

WSJ - Light, sweet crude for December delivery rose $1.41, or 2.6%, to $56.55 a barrel on the New York Mercantile Exchange, snapping a three-session losing streak. Brent, the global benchmark, advanced $1.36, or 2.2%, to $62.72 a barrel.

WORLDWIDE RIG COUNT UP 109
November, 20, 08:50:00

U.S. RIGS UP 8 TO 915

U.S. Rig Count is up 327 rigs from last year's count of 588, with oil rigs up 267, gas rigs up 61, and miscellaneous rigs down 1 to 1. Canada Rig Count is up 24 rigs from last year's count of 184, with oil rigs up 9 and gas rigs up 15.

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