OREANDA-NEWS. Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for July 2016 was 938, up 11 from the 927 counted in June 2016, and down 180 from the 1,118 counted in July 2015. The international offshore rig count for July 2016 was 226, up 3 from the 223 counted in June 2016, and down 38 from the 264 counted in July 2015.

The average U.S. rig count for July 2016 was 449, up 32 from the 417 counted in June 2016, and down 417 from the 866 counted in July 2015. The average Canadian rig count for June 2016 was 94, up 31 from the 63 counted in June 2016, and down 89 from the 183 counted in July 2015.

The worldwide rig count for July 2016 was 1,481, up 74 from the 1,407 counted in June 2016, and down 686 from the 2,167 counted in July 2015.

                                                                   

July 2016 Rotary Rig Counts

    
                                                                   
       

July 2016

             June 2016       July 2015
        Land     Offshore     Total      

Month
Variance

     Land     Offshore     Total       Land     Offshore     Total
                                                                   
Latin America       153     33     186       8     147     31     178       259     54     313
Europe       52     42     94       3     52     39     91       60     48     108
Africa       70     12     82       -5     68     19     87       69     25     94
Middle East       339     51     390       1     341     48     389       342     49     391
Asia Pacific       98     88     186       4     96     86     182       124     88     212

International

       712     226     938       11     704     223     927       854     264     1,118
                                                                   
United States       429     20     449       32     396     21     417       835     31     866
Canada       92     2     94       31     63     0     63       179     4     183
North America       521     22     543       63     459     21     480       1,014     35     1,049
                                                                   
Worldwide       1,233     248     1,481       74     1,163     244     1,407       1,868     299     2,167
                                                                   

About the Baker Hughes Rig Counts

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 U.S., 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 the U.S. and Canadian drilling activity. Baker Hughes initiated the monthly international rig count in 1975.

The North American rig count 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 fifth working day of the month at 5:00 a.m. Central time.