Baker Hughes Announces April 2015 Rig Counts

May 07, 2015, 06:00 ET from Baker Hughes Incorporated

HOUSTON, May 7, 2015 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for April 2015 was 1,202, down 49 from the 1,251 counted in March 2015, and down 147 from the 1,349 counted in April 2014. The international offshore rig count for April 2015 was 300, down 16 from the 316 counted in March 2015, and down 29 from the 329 counted in April 2014.

The average U.S. rig count for April 2015 was 976, down 134 from the 1,110 counted in March 2015, and down 859 from the 1,835 counted in April 2014. The average Canadian rig count for April 2015 was 90, down 106 from the 196 counted in March 2015, and down 114 from the 204 counted in April 2014.

The worldwide rig count for April 2015 was 2,268, down 289 from the 2,557 counted in March 2015, and down 1,120 from the 3,388 counted in April 2014.

April 2015 Rotary Rig Counts

April

2015

March

2015

April

2014

Land

Offshore

Total

Month Variance

Land

Offshore

Total

Land

Offshore

Total

Latin America

261

64

325

-26

284

67

351

337

66

403

Europe

73

46

119

-16

80

55

135

93

58

151

Africa

82

38

120

-5

85

40

125

96

40

136

Middle East

356

54

410

3

355

52

407

361

46

407

Asia Pacific

130

98

228

-5

131

102

233

133

119

252

International

902

300

1,202

-49

935

316

1,251

1,020

329

1,349

United States

943

33

976

-134

1,067

43

1,110

1,784

51

1,835

Canada

88

2

90

-106

193

3

196

201

3

204

North America

1,031

35

1,066

-240

1,260

46

1,306

1,985

54

2,039

Worldwide

1,933

335

2,268

-289

2,195

362

2,557

3,005

383

3,388

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 United States, 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 US and Canadian drilling activity.  Baker Hughes initiated the monthly international rig count in 1975.

North American rig count data 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 5th working day of the month at 6:00 a.m. ET.  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 53,000-plus 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: Media Relations: Melanie Kania, + 1.713.439.8303, melanie.kania@bakerhughes.com  Investor Relations: Alondra Oteyza, +1.713.439.8822, alondra.oteyza@bakerhughes.com

 

SOURCE Baker Hughes Incorporated



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