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2017-05-06 16:35:00

INTERNATIONAL RIG COUNT UP 13

INTERNATIONAL RIG COUNT UP 13

BAKER HUGHESBaker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for April 2017 was 956, up 13 from the 943 counted in March 2017, and up 10 from the 946 counted in April 2016. The international offshore rig count for April 2017 was 201, up 4 from the 197 counted in March 2017, and down 19 from the 220 counted in April 2016.

The average U.S. rig count for April 2017 was 853, up 64 from the 789 counted in March 2017, and up 416 from the 437 counted in April 2016. The average Canadian rig count for April 2017 was 108, down 145 from the 253 counted in March 2017, and up 67 from the 41 counted in April 2016.

The worldwide rig count for April 2017 was 1,917, down 68 from the 1,985 counted in March 2017, and up 493 from the 1,424 counted in April 2016. 

April 2017 Rotary Rig Counts

 
  April 2017   March 2017 April 2016
 

 

 

 

Month

 

 

 

 

 

 

 

Land

Offshore

Total

Variance

Land

Offshore

Total

Land

Offshore

Total

                     
Latin America 150 32 182 -3 150 35 185 167 36 203
Europe 60 31 91 -3 63 31 94 54 36 90
Africa 76 13 89 9 70 10 80 70 20 90
Middle East 344 45 389 3 341 45 386 330 54 384
Asia Pacific 125 80 205 7 122 76 198 105 74 179
International 755 201 956 13 746 197 943 726 220 946
                     
United States 833 20 853 64 770 19 789 411 26 437
Canada 108 0 108 -145 252 1 253 40 1 41
North America 941 20 961 -81 1,022 20 1,042 451 27 478
                     
Worldwide 1,696 221 1,917 -68 1,768 217 1,985 1,177 247 1,424

-----

Earlier: 

WORLDWIDE RIG COUNT UP 109 

WORLDWIDE RIG COUNT UP 27 

WORLDWIDE RIG COUNT DOWN 197 

WORLDWIDE RIG COUNT DOWN 369 

WORLDWIDE RIG COUNT DOWN 466

 

 

 

 

 

Tags: INTERNATIONAL, OIL, GAS, RIG, COUNT

Chronicle:

INTERNATIONAL RIG COUNT UP 13
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.

INTERNATIONAL RIG COUNT UP 13
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.

INTERNATIONAL RIG COUNT UP 13
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.

INTERNATIONAL RIG COUNT UP 13
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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