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Baker Hughes, a GE Company announces December 2017 rig counts

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Oilfield Technology,


Baker Hughes, a GE company has announced that the Baker Hughes international rig count for December 2017 was 954, up 12 from the 942 counted in November 2017, and up 25 from the 929 counted in December 2016. The international offshore rig count for December 2017 was 191, up 8 from the 183 counted in November 2017, and down 19 from the 210 counted in December 2016.

The average US rig count for December 2017 was 930, up 19 from the 911 counted in November 2017, and up 296 from the 634 counted in December 2016. The average Canadian rig count for December 2017 was 205, up 1 from the 204 counted in November 2017, and down 4 from the 209 counted in December 2016.

The worldwide rig count for December 2017 was 2089, up 32 from the 2057 counted in November 2017, and up 317 from the 1772 counted in December 2016.

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 US, 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 US and Canadian drilling activity. The monthly international rig count was initiated in 1975.

Read the article online at: https://www.oilfieldtechnology.com/special-reports/10012018/baker-hughes-a-ge-company-announces-december-2017-rig-counts/

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Upstream news Oil rig news Upstream drilling news Oil & gas news