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2018-01-10 12:30:00

WORLDWIDE RIG COUNT UP 32 TO 2,089

WORLDWIDE RIG COUNT UP 32 TO 2,089

BAKER HUGHES A GEBaker Hughes, a GE company (NYSE:BHGE) announced today that the Baker Hughes international rig count for December 2017 was 954, up 12 from the 942 counted in November 2017, and up 25 from the 929 counted in December 2016. The international offshore rig count for December 2017 was 191, up 8 from the 183 counted in November 2017, and down 19 from the 210 counted in December 2016.

The average US rig count for December 2017 was 930, up 19 from the 911 counted in November 2017, and up 296 from the 634 counted in December 2016. The average Canadian rig count for December 2017 was 205, up 1 from the 204 counted in November 2017, and down 4 from the 209 counted in December 2016.

The worldwide rig count for December 2017 was 2,089, up 32 from the 2,057 counted in November 2017, and up 317 from the 1,772 counted in December 2016.

 

December 2017 Rig Counts

 

 

December 2017

 

November 2017

December 2016

  Land Offshore Total

Month
Variance

Land Offshore Total Land Offshore Total
                     
Latin America 169 26 195 14 157 24 181 152 32 184
Europe 57 30 87 2 59 26 85 64 35 99
Africa 67 10 77 -8 74 11 85 67 11 78
Middle East 336 42 378 0 339 39 378 331 45 376
Asia Pacific 134 83 217 4 130 83 213 105 87 192
International 763 191 954 12 759 183 942 719 210 929
                     
United States 911 19 930 19 891 20 911 611 23 634
Canada 204 1 205 1 203 1 204 207 2 209
North America 1,115 20 1,135 20 1,094 21 1,115 818 25 843
                     
Worldwide 1,878 211 2,089 32 1,853 204 2,057 1,537 235 1,772

 

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Earlier:

 WORLDWIDE RIG COUNT UP 379 TO 2,057
2017, December, 8, 17:00:00

WORLDWIDE RIG COUNT UP 379 TO 2,057

BAKER HUGHES, A GE - The worldwide rig count for November 2017 was 2,057, down 20 from the 2,077 counted in October 2017, and up 379 from the 1,678 counted in November 2016.

 

 WORLDWIDE RIG COUNT DOWN 4 TO 2,077
2017, November, 9, 13:30:00

WORLDWIDE RIG COUNT DOWN 4 TO 2,077

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.

 

 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.

 

 WORLDWIDE RIG COUNT DOWN 197
2017, January, 9, 18:35:00

WORLDWIDE RIG COUNT DOWN 197

Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for December 2016 was 929, up 4 from the 925 counted in November 2016, and down 166 from the 1,095 counted in December 2015. The international offshore rig count for December 2016 was 210, down 1 from the 211 counted in November 2016, and down 40 from the 250 counted in December 2015.

 

 INTERNATIONAL RIG COUNT DOWN 686
2016, August, 5, 18:40:00

INTERNATIONAL RIG COUNT DOWN 686

The worldwide rig count for July 2016 was 1,481, up 74 from the 1,407 counted in June 2016, and down 686 from the 2,167 counted in July 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.

 

 

 

 

 

Tags: OIL, GAS, RIG, COUNT

Chronicle:

WORLDWIDE RIG COUNT UP 32 TO 2,089
2018, January, 19, 12:15:00

S.KOREA'S DIVERSIFICATION

PLATTS - For full-year 2017, South Korea's crude imports from its biggest supplier Saudi Arabia fell 1.7% to 319.02 million barrels, compared with 324.45 million barrels in the previous year, customs data showed. On the contrary, South Korea has imported 1.77 million mt, or around 13 million barrels, of crude from the US in 2017, about four times higher than in 2016. Shipments from Russia grew to 140,000 b/d last year from 112,000 b/d in 2016.

WORLDWIDE RIG COUNT UP 32 TO 2,089
2018, January, 19, 12:10:00

ADNOC'S 2030 STRATEGY

AOG - ADNOC’s 2030 strategy, he said, aims to capitalise on predicted global economic growth and demand for oil and petrochemical products, particularly in non-OECD countries. As its business responds to changing market dynamics, the company will continue to broaden its partnership base, strengthen its profitability, adapt to new realities and expand market access.

WORLDWIDE RIG COUNT UP 32 TO 2,089
2018, January, 19, 12:05:00

TOSHIBA SELLS WESTINGHOUSE

WNN - Under the terms of the assignment and purchase agreement it has signed with Nucleus and Brookfield, Toshiba will sell its rights to assert claims against Westinghouse related to the parent guarantees in the amount of $5.788 billion, and on account of other claims Toshiba holds against Westinghouse in the amount of $2.284 billion to Nucleus, for the sale price of $2.160 billion.

WORLDWIDE RIG COUNT UP 32 TO 2,089
2018, January, 17, 23:50:00

OIL PRICES: NOT ABOVE $70 YET

REUTERS - Brent crude futures LCOc1 were at $69.23 a barrel at 0808 GMT, up 8 cents from their last close, but down from a high of $69.37 earlier in the day. Brent on Monday rose to $70.37 a barrel, its highest since December 2014, the start of a three-year oil price slump. U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $63.84 a barrel, down from a high of $63.89 earlier, but up 11 cents from their last settlement. WTI hit $64.89 on Tuesday, also the highest since December 2014.

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