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
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
                                                   

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.