WORLDWIDE RIG COUNT UP 27 TO 2,278
BAKER HUGHES A GE - international rig count for August 2018 was 1,008, up 11 from the 997 counted in July 2018, and up 56 from the 952 counted in August 2017. The international offshore rig count for August 2018 was 212, down 5 from the 217 counted in July 2018, and up 11 from the 201 counted in August 2017.
The average U.S. rig count for August 2018 was unchanged at 1,050 counted in July 2018, and up 103 from the 947 counted in August 2017. The average Canadian rig count for August 2018 was 220, up 16 from the 204 counted in July 2018, and up 3 from the 217 counted in August 2017.
The worldwide rig count for August 2018 was 2,278, up 27 from the 2,251 counted in July 2018, and up 162 from the 2,116 counted in August 2017.
August 2018 Rig Counts
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BLOOMBERG - Russia has begun discussions with Exxon Mobil Corp. on possible new oil and gas projects, potentially creating a dilemma as the U.S. government mulls more sanctions against the country.
IMF - The agreement reached today reflects the IMF’s commitment to continue to help Ukraine achieve stronger, sustainable, and inclusive economic growth. The new program has been developed in close coordination with the World Bank and the European Union, who have parallel operations to support Ukraine. The authorities’ steadfast and effective implementation will be critical for the program to achieve its objectives.
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