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2018-04-06 18:00:00

WORLDWIDE RIG COUNT DOWN 92 TO 2,179

WORLDWIDE RIG COUNT DOWN 92 TO 2,179

BAKER HUGHES A GE - Baker Hughes, a GE company (NYSE:BHGE) announced that the Baker Hughes international rig count for March 2018 was 972, down 7 from the 979 counted in February 2018, and up 29 from the 943 counted in March 2017. The international offshore rig count for March 2018 was 185, down 9 from the 194 counted in February 2018, and down 12 from the 197 counted in March 2017.

The average U.S. rig count for March 2018 was 989, up 20 from the 969 counted in February 2018, and up 200 from the 789 counted in March 2017. The average Canadian rig count for March 2018 was 218, down 105 from the 323 counted in February 2018, and down 35 from the 253 counted in March 2017.

The worldwide rig count for March 2018 was 2,179, down 92 from the 2,271 counted in February 2018, and up 194 from the 1,985 counted in March 2017.

 

 March 2018 Rig Counts      
  March2018 February2018 March2017
  Land Offshore Total

Month
Variance

Land Offshore Total Land Offshore Total
                     
Latin America 167 26 193 -6 169 30 199 150 35 185
Europe 56 33 89 5 55 29 84 63 31 94
Africa 78 11 89 -1 74 16 90 70 10 80
Middle East 353 44 397 1 356 40 396 341 45 386
Asia Pacific 133 71 204 -6 131 79 210 122 76 198
International 787 185 972 -7 785 194 979 746 197 943
                     
United States 976 13 989 20 952 17 969 770 19 789
Canada 215 3 218 -105 321 2 323 252 1 253
North America 1,191 16 1,207 -85 1,273 19 1,292 1,022 20 1,042
                     
Worldwide 1,978 201 2,179 -92 2,058 213 2,271 1,768 217 1,985

 

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Earlier:

WORLDWIDE RIG COUNT UP 96 TO 2,271
2018, February, 9, 10:35:00

WORLDWIDE RIG COUNT UP 96 TO 2,271

BAKER HUGHES A GE - The worldwide rig count for February 2018 was 2,271, up 96 from the 2,175 counted in January 2018, and up 244 from the 2,027 counted in February 2017.

 

 

 WORLDWIDE RIG COUNT UP 32 TO 2,089
2018, January, 10, 12:30:00

WORLDWIDE RIG COUNT UP 32 TO 2,089

BAKER HUGHES A GE - 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.

 

 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 DOWN 35
2017, October, 9, 21:35:00

WORLDWIDE RIG COUNT DOWN 35

Baker Hughes, a GE company (NYSE:BHGE) announced today that the Baker Hughes international rig count for September 2017 was 931, down 21 from the 952 counted in August 2017, and down 3 from the 934 counted in September 2016. The international offshore rig count for September 2017 was 190, down 11 from the 201 counted in August 2017, and down 31 from the 221 counted in September 2016.

 

 WORLDWIDE RIG COUNT UP 6 TO 2,116
2017, September, 11, 12:10:00

WORLDWIDE RIG COUNT UP 6 TO 2,116

The worldwide rig count for August 2017 was 2,116, up 6 from the 2,110 counted in July 2017, and up 569 from the 1,547 counted in August 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.

Tags: RIG, COUNT

Chronicle:

WORLDWIDE RIG COUNT DOWN 92 TO 2,179
2018, July, 16, 10:35:00

CHINA'S INVESTMENT FOR NIGERIA: $14+3 BLN

AN - China National Offshore Oil Corp. (CNOOC) is willing to invest $3 billion in its existing oil and gas operation in Nigeria, the Nigerian National Petroleum Corporation (NNPC) said on Sunday following a meeting with the Chinese in Abuja.

WORLDWIDE RIG COUNT DOWN 92 TO 2,179
2018, July, 16, 10:30:00

LIBYA'S OIL DOWN 160 TBD

REUTERS - Production at Libya’s giant Sharara oil field was expected to fall by at least 160,000 barrels per day (bpd) on Saturday after two staff were abducted in an attack by an unknown group, the National Oil Corporation (NOC) said.

WORLDWIDE RIG COUNT DOWN 92 TO 2,179
2018, July, 16, 10:25:00

BAHRAIN'S GDP UP 3.2%

IMF - Output grew by 3.8 percent in 2017, underpinned by a resilient non-hydrocarbon sector, with robust implementation of GCC-funded projects as well as strong activity in the financial, hospitality, and education sectors. The banking system remains stable with large capital buffers. Growth is projected to decelerate over the medium term.

WORLDWIDE RIG COUNT DOWN 92 TO 2,179
2018, July, 16, 10:20:00

NIGERIA'S GDP UP 2%

IMF - Higher oil prices and short-term portfolio inflows have provided relief from external and fiscal pressures but the recovery remains challenging. Inflation declined to its lowest level in more than two years. Real GDP expanded by 2 percent in the first quarter of 2018 compared to the first quarter of last year. However, activity in the non-oil non-agricultural sector remains weak as lower purchasing power weighs on consumer demand and as credit risk continues to limit bank lending.

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