Baker Hughes Announces May 2017 Rig Counts
The average U.S. rig count for May 2017 was 893, up 40 from the 853 counted in April 2017, and up 485 from the 408 counted in May 2016. The average Canadian rig count for May 2017 was 85, down 23 from the 108 counted in April 2017, and up 43 from the 42 counted in May 2016.
The worldwide rig count for May 2017 was 1,935, up 18 from the 1,917 counted in April 2017, and up 530 from the 1,405 counted in May 2016.
May 2017 Rotary Rig Counts
May 2017
April 2017
May 2016 Month
Land Offshore Total Variance
Land Offshore Total Land Offshore Total Latin America 155 35 190 8 150 32 182 158 30 188 Europe 60 35 95 4 60 31 91 53 42 95 Africa 69 15 84 -5 76 13 89 71 20 91 Middle East 350 41 391 2 344 45 389 340 51 391 Asia Pacific 121 76 197 -8 125 80 205 104 86 190 International
755 202 957 1
755 201 956 726 229 955 United States 871 22 893 40 833 20 853 384 24 408 Canada 83 2 85 -23 108 0 108 40 2 42 North America 954 24 978 17 941 20 961 424 26 450 Worldwide 1,709 226 1,935 18 1,696 221 1,917 1,150 255 1,405 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 32,000 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.
ContactsBaker Hughes Incorporated
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Media Relations:
Melanie Kania, +1 713-439-8303
melanie.kania@bakerhughes.com
or
Investor Relations:
Alondra Oteyza, +1 713-439-8822
alondra.oteyza@bakerhughes.com
HOUSTON–(BUSINESS WIRE)–Baker Hughes Incorporated (NYSE:BHI) announced today that the
international rig count for May 2017 was 957, up 1 from the 956 counted
in April 2017, and up 2 from the 955 counted in May 2016. The
international offshore rig count for May 2017 was 202, up 1 from the 201
counted in April 2017, and down 27 from the 229 counted in May 2016.
The average U.S. rig count for May 2017 was 893, up 40 from the 853
counted in April 2017, and up 485 from the 408 counted in May 2016. The
average Canadian rig count for May 2017 was 85, down 23 from the 108
counted in April 2017, and up 43 from the 42 counted in May 2016.
The worldwide rig count for May 2017 was 1,935, up 18 from the 1,917
counted in April 2017, and up 530 from the 1,405 counted in May 2016.
May 2017 Rotary Rig Counts
|
May 2017 |
April 2017 |
May 2016 | ||||||||||||||||||
|
Month |
||||||||||||||||||||
| Land | Offshore | Total |
Variance |
Land | Offshore | Total | Land | Offshore | Total | |||||||||||
| Latin America | 155 | 35 | 190 | 8 | 150 | 32 | 182 | 158 | 30 | 188 | ||||||||||
| Europe | 60 | 35 | 95 | 4 | 60 | 31 | 91 | 53 | 42 | 95 | ||||||||||
| Africa | 69 | 15 | 84 | -5 | 76 | 13 | 89 | 71 | 20 | 91 | ||||||||||
| Middle East | 350 | 41 | 391 | 2 | 344 | 45 | 389 | 340 | 51 | 391 | ||||||||||
| Asia Pacific | 121 | 76 | 197 | -8 | 125 | 80 | 205 | 104 | 86 | 190 | ||||||||||
|
International |
755 | 202 | 957 |
1 |
755 | 201 | 956 | 726 | 229 | 955 | ||||||||||
| United States | 871 | 22 | 893 | 40 | 833 | 20 | 853 | 384 | 24 | 408 | ||||||||||
| Canada | 83 | 2 | 85 | -23 | 108 | 0 | 108 | 40 | 2 | 42 | ||||||||||
| North America | 954 | 24 | 978 | 17 | 941 | 20 | 961 | 424 | 26 | 450 | ||||||||||
| Worldwide | 1,709 | 226 | 1,935 | 18 | 1,696 | 221 | 1,917 | 1,150 | 255 | 1,405 | ||||||||||
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 32,000 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.
Contacts
Baker Hughes Incorporated
Media Relations:
Melanie Kania, +1
713-439-8303
melanie.kania@bakerhughes.com
or
Investor
Relations:
Alondra Oteyza, +1 713-439-8822
alondra.oteyza@bakerhughes.com
