Baker Hughes Announces September 2016 Rig Counts
Baker Hughes Inc. (NYSE:BHI) announced today that the international rig count for September 2016 was 934 down 3 from the 937 counted in August 2016, and down 206 from the 1,140 counted in September 2015. The international offshore rig count for September 2016 was 221, down 7 from the 228 counted in August 2016, and down 47 from the 268 counted in September 2015.
The average U.S. rig count for September 2016 was 509, up 28 from the 481 counted in August 2016, and down 339 from the 848 counted in September 2015. The average Canadian rig count for September 2016 was 141, up 12 from the 129 counted in August 2016, and down 42 from the 183 counted in September 2015.
The worldwide rig count for September 2016 was 1,584, up 37 from the 1,547 counted in August 2016, and down 587 from the 2,171 counted in September 2015.
September 2016 Rotary Rig Counts
| September 2016 | August 2016 | September 2015 | |||||||||||||||||||||||||
| Land | Offshore | Total | Month | Land | Offshore | Total | Land | Offshore | Total | ||||||||||||||||||
| Latin America | 151 | 38 | 189 | 2 | 150 | 37 | 187 | 266 | 55 | 321 | |||||||||||||||||
| Europe | 56 | 36 | 92 | -4 | 58 | 38 | 96 | 62 | 47 | 109 | |||||||||||||||||
| Africa | 68 | 9 | 77 | -4 | 70 | 11 | 81 | 71 | 25 | 96 | |||||||||||||||||
| Middle East | 336 | 50 | 386 | 7 | 329 | 50 | 379 | 349 | 47 | 396 | |||||||||||||||||
| Asia Pacific | 102 | 88 | 190 | -4 | 102 | 92 | 194 | 124 | 94 | 218 | |||||||||||||||||
| International | 713 | 221 | 934 | -3 | 709 | 228 | 937 | 872 | 268 | 1,140 | |||||||||||||||||
| United States | 491 | 18 | 509 | 28 | 464 | 17 | 481 | 816 | 32 | 848 | |||||||||||||||||
| Canada | 140 | 1 | 141 | 12 | 128 | 1 | 129 | 181 | 2 | 183 | |||||||||||||||||
| North America | 631 | 19 | 650 | 40 | 592 | 18 | 610 | 997 | 34 | 1,031 | |||||||||||||||||
| Worldwide | 1,344 | 240 | 1,584 | 37 | 1,301 | 246 | 1,547 | 1,869 | 302 | 2,171 | |||||||||||||||||
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 36,000 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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20161007005156/en/
Contact
Baker Hughes Inc.
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
