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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
2018, June, 22, 13:10:00

THE LARGEST VENEZUELA'S OIL

U.S. EIA - Venezuela holds the largest oil reserves in the world, in large part because of the heavy oil reserves in the Orinoco Oil Basin. In addition to oil reserves, Venezuela has sizeable natural gas reserves, although the development of natural gas lags significantly behind that of oil. However, in the wake of political and economic instability in the country, crude oil production has dramatically decreased, reaching a multi-decades low in mid-2018.

INTERNATIONAL RIG COUNT UP 13
2018, June, 22, 13:05:00

U.S. DEFICIT UP FROM $116.1 BLN TO $124.1 BLN

U.S. BEA - The U.S. current-account deficit increased to $124.1 billion (preliminary) in the first quarter of 2018 from $116.1 billion (revised) in the fourth quarter of 2017, according to statistics released by the Bureau of Economic Analysis (BEA). The deficit was 2.5 percent of current-dollar gross domestic product (GDP) in the first quarter, up from 2.4 percent in the fourth quarter.

INTERNATIONAL RIG COUNT UP 13
2018, June, 22, 13:00:00

EUROPE'S NUCLEAR INVESTMENT : €50 BLN

WNN - There are 126 operational power reactors in 14 EU Member States, providing more than one-quarter of the bloc's total electricity production. In its Communication on the Nuclear Illustrative Program (PINC) published last year, the European Commission expects nuclear to maintain its significant role in Europe's energy mix up to 2050. This would require investment of some EUR40-50 billion (USD46-58 billion) in nuclear LTO by 2050.

INTERNATIONAL RIG COUNT UP 13
2018, June, 20, 13:15:00

OIL PRICE: ABOVE $75

REUTERS - Benchmark Brent crude LCOc1 was up 50 cents at $75.58 a barrel by 0835 GMT. U.S. light crude CLc1 was 50 cents higher at $65.57.

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