Baker Hughes Incorporated announced that the international rig count for August 2016 was 937 down 1 from the 938 counted in July 2016
OREANDA-NEWS. 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 |
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 | |||||||||||||||
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.
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