Baker Hughes, a GE company Announces January 2018 Rig Counts
HOUSTON & LONDON–(BUSINESS WIRE)–Baker Hughes, a GE company (NYSE:BHGE) announced today that the Baker
Hughes international rig count for January 2018 was 960, up 6 from the
954 counted in December 2017, and up 27 from the 933 counted in January
2017. The international offshore rig count for January 2018 was 196, up
5 from the 191 counted in December 2017, and down 10 from the 206
counted in January 2017.
The average US rig count for January 2018 was 937, up 7 from the 930
counted in December 2017, and up 254 from the 683 counted in January
2017. The average Canadian rig count for January 2018 was 278, up 73
from the 205 counted in December 2017, and down 24 from the 302 counted
in January 2017.
The worldwide rig count for January 2018 was 2,175, up 86 from the 2,089
counted in December 2017, and up 257 from the 1,918 counted in January
2017.
January 2018 Rig Counts
|
January 2018 |
December 2017 | January 2017 | ||||||||
| Land | Offshore | Total |
Month |
Land | Offshore | Total | Land | Offshore | Total | |
| Latin America | 165 | 26 | 191 | -4 | 169 | 26 | 195 | 142 | 34 | 176 |
| Europe | 57 | 27 | 84 | -3 | 57 | 30 | 87 | 67 | 31 | 98 |
| Africa | 69 | 11 | 80 | 3 | 67 | 10 | 77 | 68 | 11 | 79 |
| Middle East | 342 | 41 | 383 | 5 | 336 | 42 | 378 | 334 | 48 | 382 |
| Asia Pacific | 131 | 91 | 222 | 5 | 134 | 83 | 217 | 116 | 82 | 198 |
| International | 764 | 196 | 960 | 6 | 763 | 191 | 954 | 727 | 206 | 933 |
| United States | 919 | 18 | 937 | 7 | 911 | 19 | 930 | 659 | 24 | 683 |
| Canada | 277 | 1 | 278 | 73 | 204 | 1 | 205 | 301 | 1 | 302 |
| North America | 1,196 | 19 | 1,215 | 80 | 1,115 | 20 | 1,135 | 960 | 25 | 985 |
| Worldwide | 1,960 | 215 | 2,175 | 86 | 1,878 | 211 | 2,089 | 1,687 | 231 | 1,918 |
About the Baker Hughes Rig Counts
The Baker Hughes 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. The company has issued the 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.
The monthly international rig count was initiated 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.
About Baker Hughes, a GE company
Baker Hughes, a GE company (NYSE: BHGE) is the world’s first and only
fullstream provider of integrated oilfield products, services and
digital solutions. We deploy minds and machines to enhance customer
productivity, safety and environmental stewardship, while minimizing
costs and risks at every step of the energy value chain. With operations
in over 120 countries, we infuse over a century of experience with the
spirit of a startup – inventing smarter ways to bring energy to the
world.
Contacts
Baker Hughes, a GE company
Media Relations:
Stephanie
Cathcart, +1 202-549-6462
[email protected]
Melanie
Kania, +1 713-439-8303
[email protected]
or
Investor
Relations:
Philipp Mueller, +1 281-809-9088
[email protected]
