OREANDA-NEWS. Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for October 2015 was 1,111, down 29 from the 1,140 counted in September 2015, and down 197 from the 1,308 counted in October 2014. The international offshore rig count for October 2015 was 270, up 2 from the 268 counted in September 2015, and down 56 from the 326 counted in October 2014.

The average U.S. rig count for October 2015 was 791, down 57 from the 848 counted in September 2015, and down 1,134 from the 1,925 counted in October 2014. The average Canadian rig count for October 2015 was 184, up 1 from the 183 counted in September 2015, and down 240 from the 424 counted in October 2014.

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.

October 2015 Rotary Rig Counts

                           
     

October 2015

  

September 2015

October 2014

  
     

Land

Offshore

Total

Month Variance

Land

Offshore

Total

Land

Offshore

Total

  
                           
 

Latin America

  

239

55

294

-27

266

55

321

309

84

393

  
 

Europe

  

65

43

108

-1

62

47

109

99

49

148

  
 

Africa

  

64

29

93

-3

71

25

96

84

41

125

  
 

Middle East

  

349

54

403

7

349

47

396

346

44

390

  
 

Asia Pacific

  

124

89

213

-5

124

94

218

144

108

252

  
 

International

  

841

270

1,111

-29

872

268

1,140

982

326

1,308

  
                           
 

United States

  

758

33

791

-57

816

32

848

1,868

57

1,925

  
 

Canada

  

183

1

184

1

181

2

183

424

0

424

  
 

North America

  

941

34

975

-56

997

34

1,031

2,292

57

2,349

  
                           
 

Worldwide

  

1,782

304

2,086

-85

1,869

302

2,171

3,274

383

3,657

  
                           

The Baker Hughes Rotary Rig Counts are counts of the number of drilling rigs actively exploring for or developing oil or natural gas in the United States, Canada and international markets.  Baker Hughes has issued the rotary rig counts as a service to the petroleum industry since 1944, when Hughes Tool Company began weekly counts of US and Canadian drilling activity.  Baker Hughes initiated the monthly international rig count in 1975.

North American rig count data is scheduled to be released at noon central time on the last working day of each week.  The international rig count is scheduled to be released on the 5th working day of the month at 5:00 a.m. central time.