2023-12-06 06:15:00
WORLDWIDE RIG COUNT UP 17 TO 1,794
BAKER HUGHES - December 1, 2023 -
Iternational Rig Count is up 16 rigs from last month to 978 with land rigs up 15 to 758, offshore rigs up 1 to 220.
International Rig Count is up 68 rigs from last year's count of 910, with land rigs up 70, offshore rigs down 2.
The average U.S. Rig Count for November was 619 down 4 from last month and down 160 year-over-year.
The average Canada Rig Count for November was 197 up 5 rig from last month count of 192 and down 4 year-over-year.
The Worldwide Rig Count for November was 1,794, up 17 from the 1,777 counted in October 2023, and down 96, from the 1,890 counted in November 2022.
| Area | Last Count | Count | Change from Prior Count | Date of Prior Count | Change from Last Year | Date of Last Year's Count |
| U.S. | 01 Dec 2023 |
625 | +3 | 22 Nov 2023 |
-159 | 02 Dec 2022 |
| Canada | 01 Dec 2023 |
192 | -5 | 22 Nov 2023 |
-3 | 02 Dec 2022 |
| International | Nov 2023 |
978 | +16 | Oct 2022 |
+68 | Nov 2022 |
-----
Earlier:
2023, November, 27, 06:55:00
OPEC+ ONLINE MEETING
With global oil demand set to moderate in the first quarter of 2024, the OPEC+ alliance appears set to extend its production cuts, though the duration is yet to be determined, analysts say. As well, deeper cuts could be considered, some OPEC+ officials have hinted.
2023, November, 17, 06:50:00
OIL PRICES 2023-24: $90 - $93
The Brent crude oil price will increase from an average of $90 per barrel (b) in the fourth quarter of 2023 to an average of $93/b in 2024.
2023, September, 12, 08:20:00
WORLDWIDE RIG COUNT DOWN 32 TO 1,788
The Worldwide Rig Count for August was 1,788, down 32 from the 1,820 counted in July 2023, and down 37, from the 1,825 counted in August 2022.
2023, August, 11, 06:50:00
OPEC+: TO THE END OF 2024
The committee reaffirmed the commitment of its member countries to the DoC which extends to the end of 2024 as agreed in the 35th OPEC and non-OPEC Ministerial Meeting (ONOMM) on 4th of June 2023.
2023, August, 11, 06:25:00
WORLDWIDE RIG COUNT UP 20 TO 1,820
The Worldwide Rig Count for July was 1,820, up 20 from the 1,800 counted in June 2023, and up 45, from the 1,775 counted in July 2022.
2023, August, 4, 06:55:00
RUSSIAN OIL CAP
The G7, the European Union and Australia imposed the $60 per barrel cap last December on sea-borne exports of Russian crude in retaliation for Russia’s war on Ukraine.
2023, July, 14, 06:15:00
WORLDWIDE RIG COUNT UP 17 TO 1,800
The Worldwide Rig Count for June was 1,800, up 17 from the 1,783 counted in May 2023, and up 94, from the 1,706 counted in June 2022.
