Number of drilling rigs rise in US
Baku, Azerbaijan, Nov.7
By Leman Zeynalova – Trend:
The average number of drilling rigs in the US for October 2016 was 544, up 35 from the 509 counted in September 2016, and down 247 from the 791 counted in October 2015, Houston-based Baker Hughes Incorporated said in its report.
This is while the average Canadian rig count for October 2016 was 156, up 15 from the 141 counted in September 2016, according to the report published on the company’s website.
Baker Hughes said that the international rig count for October 2016 was 920, down 14 from the 934 counted in September 2016, and down 191 from the 1,111 counted in October 2015.
The international offshore rig count for October 2016 was 200, down 21 from the 221 counted in September 2016, and down 70 from the 270 counted in October 2015, said the report.
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 US, Canada and international markets.
Baker Hughes is a leading supplier of oilfield services, products, technology and systems to the worldwide oil and natural gas industry. The company's 34,000 employees today work in more than 80 countries helping customers find, evaluate, drill, produce, transport and process hydrocarbon resources.