Edit ModuleShow Tags
Edit ModuleShow Tags

Baker Hughes Announces December 2015 Rig Counts

Down worldwide


Published:

HOUSTON, Jan. 8, 2016 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for December 2015 was 1,095, down 14 from the 1,109 counted in November 2015, and down 218 from the 1,313 counted in December 2014. The international offshore rig count for December 2015 was 250, down 9 from the 259 counted in November 2015, and down 88 from the 338 counted in December 2014.

 

The average U.S. rig count for December 2015 was 714, down 46 from the 760 counted in November 2015, and down 1,168 from the 1,882 counted in December 2014. The average Canadian rig count for December 2015 was 160, down 18 from the 178 counted in November 2015, and down 215 from the 375 counted in December 2014.

 

The worldwide rig count for December 2015 was 1,969, down 78 from the 2,047 counted in November 2015, and down 1,601 from the 3,570 counted in December 2014.

 

December 2015 Rotary Rig Counts

   

December

2015

     

November

2015

   

December

2014

   
   

Land

Offshore

Total

 

Month Variance

 

Land

Offshore

Total

   

Land

Offshore

Total

   
                                   

Latin America

 

213

57

270

 

-14

 

232

52

284

   

287

82

369

   

Europe

 

79

35

114

 

6

 

71

37

108

   

97

51

148

   

Africa

 

64

27

91

 

1

 

64

26

90

   

91

47

138

   

Middle East

 

367

55

422

 

3

 

360

59

419

   

358

45

403

   

Asia Pacific

 

122

76

198

 

-10

 

123

85

208

   

142

113

255

   

International

 

845

250

1,095

 

-14

 

850

259

1,109

   

975

338

1,313

   
                                   

United States

 

690

24

714

 

-46

 

729

31

760

   

1,823

59

1,882

   

Canada

 

160

0

160

 

-18

 

178

0

178

   

373

2

375

   

North America

 

850

24

874

 

-64

 

907

31

938

   

2,196

61

2,257

   
                                   

Worldwide

 

1,695

274

1,969

 

-78

 

1,757

290

2,047

   

3,171

399

3,570

   
                                   
                                   

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. Additional detailed information on the Baker Hughes rig counts is available from our website.

 

Baker Hughes is a leading supplier of oilfield services, products, technology and systems to the worldwide oil and natural gas industry. The company's 46,000 employees today work in more than 80 countries helping customers find, evaluate, drill, produce, transport and process hydrocarbon resources. For more information about Baker Hughes, visit: www.bakerhughes.com.

Edit Module

Add your comment:
Edit Module Edit ModuleShow Tags
Edit ModuleShow Tags
Edit ModuleShow Tags
Edit ModuleShow Tags
Edit ModuleShow Tags
Edit ModuleShow Tags

Connect With Us

   

 

Edit ModuleShow Tags

Most Read