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2016-09-08 18:35:00

INTERNATIONAL RIG COUNT DOWN 200

INTERNATIONAL RIG COUNT DOWN 200

Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for August 2016 was 937 down 1 from the 938 counted in July 2016, and down 200 from the 1,137 counted in August 2015. The international offshore rig count for August 2016 was 228, up 2 from the 226 counted in July 2016, and down 42 from the 270 counted in August 2015.

The average U.S. rig count for August 2016 was 481, up 32 from the 449 counted in July 2016, and down 402 from the 883 counted in August 2015. The average Canadian rig count for August 2016 was 129, up 35 from the 94 counted in July 2016, and down 77 from the 206 counted in August 2015.

The worldwide rig count for August 2016 was 1,547, up 66 from the 1,481 counted in July 2016, and down 679 from the 2,226 counted in August 2015.

August 2016 Rotary Rig Counts

 

August 2016

  July 2016 August 2015
  Land Offshore Total

Month
Variance

Land Offshore Total Land Offshore Total
                     
Latin America 150 37 187 1 153 33 186 266 53 319
Europe 58 38 96 2 52 42 94 65 44 109
Africa 70 11 81 -1 70 12 82 70 26 96
Middle East 329 50 379 -11 339 51 390 341 52 393
Asia Pacific 102 92 194 8 98 88 186 125 95 220
International 709 228 937 -1 712 226 938 867 270 1,137
                     
United States 464 17 481 32 429 20 449 849 34 883
Canada 128 1 129 35 92 2 94 202 4 206
North America 592 18 610 67 521 22 543 1,051 38 1,089
                     
Worldwide 1,301 246 1,547 66 1,233 248 1,481 1,918 308 2,226

-----

Earlier: 

U.S. RIGS UP 8 

INTERNATIONAL RIG COUNT DOWN 686 

WORLDWIDE RIG COUNT DOWN 729 

U.S. OIL WELL COMPLETIONS DOWN 69% 

GLOBAL INVESTMENT DOWN $1 TLN

 

 

 

 

Tags: OIL, GAS, RIG, COUNT, INTERNATIONAL
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