Baker Hughes, a GE Company Announces November 2017 Rig Counts
HOUSTON & LONDON–(BUSINESS WIRE)–Baker Hughes, a GE company (NYSE:BHGE) announced today that the Baker
Hughes international rig count for November 2017 was 942, down 9 from
the 951 counted in October 2017, and up 17 from the 925 counted in
November 2016. The international offshore rig count for November 2017
was 183, down 21 from the 204 counted in October 2017, and down 28 from
the 211 counted in November 2016.
The average US rig count for November 2017 was 911, down 11 from the 922
counted in October 2017, and up 331 from the 580 counted in November
2016. The average Canadian rig count for November 2017 was 204,
unchanged from the 204 counted in October 2017, and up 31 from the 173
counted in November 2016.
The worldwide rig count for November 2017 was 2,057, down 20 from the
2,077 counted in October 2017, and up 379 from the 1,678 counted in
November 2016.
November 2017 Rig Counts
|
November 2017 |
October 2017 | November 2016 | ||||||||
|
Month |
||||||||||
| Land | Offshore | Total |
Variance |
Land | Offshore | Total | Land | Offshore | Total | |
| Latin America | 157 | 24 | 181 | 4 | 151 | 26 | 177 | 153 | 28 | 181 |
| Europe | 59 | 26 | 85 | -6 | 61 | 30 | 91 | 64 | 33 | 97 |
| Africa | 74 | 11 | 85 | 0 | 71 | 14 | 85 | 67 | 12 | 79 |
| Middle East | 339 | 39 | 378 | -7 | 340 | 45 | 385 | 334 | 46 | 380 |
| Asia Pacific | 130 | 83 | 213 | 0 | 124 | 89 | 213 | 96 | 92 | 188 |
|
International |
759 | 183 | 942 | -9 | 747 | 204 | 951 | 714 | 211 | 925 |
| United States | 891 | 20 | 911 | -11 | 901 | 21 | 922 | 558 | 22 | 580 |
| Canada | 203 | 1 | 204 | 0 | 202 | 2 | 204 | 171 | 2 | 173 |
| North America | 1,094 | 21 | 1,115 | -11 | 1,103 | 23 | 1,126 | 729 | 24 | 753 |
| Worldwide | 1,853 | 204 | 2,057 | -20 | 1,850 | 227 | 2,077 | 1,443 | 235 | 1,678 |
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 (BHGE)
Media Relations:
Stephanie
Cathcart, +1 202-549-6462
[email protected]
or
Melanie
Kania, +1 713-439-8303
[email protected]
or
Investor
Relations:
Philipp Mueller, +1 281-809-9088
[email protected]
