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2017-06-08 17:30:00

WORLDWIDE RIG COUNT UP 18 TO 1,935

WORLDWIDE RIG COUNT UP 18 TO  1,935

BAKER HUGHES - Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for May 2017 was 957, up 1 from the 956 counted in April 2017, and up 2 from the 955 counted in May 2016. The international offshore rig count for May 2017 was 202, up 1 from the 201 counted in April 2017, and down 27 from the 229 counted in May 2016.

The average U.S. rig count for May 2017 was 893, up 40 from the 853 counted in April 2017, and up 485 from the 408 counted in May 2016. The average Canadian rig count for May 2017 was 85, down 23 from the 108 counted in April 2017, and up 43 from the 42 counted in May 2016.

The worldwide rig count for May 2017 was 1,935, up 18 from the 1,917 counted in April 2017, and up 530 from the 1,405 counted in May 2016.

May 2017 Rotary Rig Counts

   

May 2017

     

April 2017

  May 2016
    Land   Offshore   Total  

Variance

  Land   Offshore   Total   Land   Offshore   Total
                                         
Latin America   155   35   190   8   150   32   182   158   30   188
Europe   60   35   95   4   60   31   91   53   42   95
Africa   69   15   84   -5   76   13   89   71   20   91
Middle East   350   41   391   2   344   45   389   340   51   391
Asia Pacific   121   76   197   -8   125   80   205   104   86   190

International

  755   202   957  

1

  755   201   956   726   229   955
                                         
United States   871   22   893   40   833   20   853   384   24   408
Canada   83   2   85   -23   108   0   108   40   2   42
North America   954   24   978   17   941   20   961   424   26   450
                                         
Worldwide   1,709   226   1,935   18   1,696   221   1,917   1,150   255   1,405

 

-----

Earlier: 

INTERNATIONAL RIG COUNT UP 13 

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 

WORLDWIDE RIG COUNT UP 37

 

 

 

Tags: RIG, COUNT

Chronicle:

WORLDWIDE RIG COUNT UP 18 TO  1,935
November, 22, 11:05:00

NIGERIA & CHEVRON PROJECT &1.7 BLN

Nigerian National Petroleum Corporation (NNPC) and Chevron Nigeria Limited (CNL) have executed the second and final phase of an Alternative Financing Agreement that would increase crude oil production in the country by about 39,000 barrels per day.

WORLDWIDE RIG COUNT UP 18 TO  1,935
November, 22, 11:00:00

MAERSK-AKER-HALLIBURTON ALLIANCE

OGJ - Maersk Drilling and Aker BP announced a drilling rig alliance based on a tripartite collaboration model that also includes service provider Halliburton Co.

WORLDWIDE RIG COUNT UP 18 TO  1,935
November, 20, 09:35:00

OIL PRICE: ABOVE $62 YET

REUTERS - Brent crude futures LCOc1, the international benchmark for oil prices, were at $62.56 per barrel at 0439 GMT, down 16 cents, or 0.3 percent, from their last close. U.S. West Texas Intermediate (WTI) crude futures were at $56.59 a barrel, up 4 cents, or 0.1 percent, from their last settlement.

WORLDWIDE RIG COUNT UP 18 TO  1,935
November, 20, 09:30:00

ROSNEFT'S WORLD RECORD: 15000 M

Rosneft as a member of Sakhalin-1 Consortium successfully completed drilling of the world's longest well from Orlan platform at Chaivo field in the Sea of Okhotsk. The length of the well with horizontal completion is 15000 m which currently is a world record. This is a supercomplex well with DDI (Directional drilling index) of 8.0 and 14,129 m stepout.

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