Baker Hughes Announces July 2015 Rig Counts

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

HOUSTON, Aug. 7, 2015 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for July 2015 was 1,118, down 28 from the 1,146 counted in June 2015, and down 264 from the 1,382 counted in July 2014. The international offshore rig count for July 2015 was 264, down 13 from the 277 counted in June 2015, and down 72 from the 336 counted in July 2014.

The average U.S. rig count for July 2015 was 866, up 5 from the 861 counted in June 2015, and down 1,010 from the 1,876 counted in July 2014. The average Canadian rig count for July 2015 was 183, up 54 from the 129 counted in June 2015, and down 167 from the 350 counted in July 2014.

The worldwide rig count for July 2015 was 2,167, up 31 from the 2,136 counted in June 2015, and down 1,441 from the 3,608 counted in July 2014.

July 2015 Rotary Rig Counts

July 2015

June 2015

July 2014

Land

Offshore

Total

Month Variance

Land

Offshore

Total

Land

Offshore

Total

Latin America

259

54

313

-1

252

62

314

339

68

407

Europe

60

48

108

-5

65

48

113

98

55

153

Africa

69

25

94

-9

74

29

103

91

46

137

Middle East

342

49

391

-10

352

49

401

378

54

432

Asia Pacific

124

88

212

-3

126

89

215

140

113

253

International

854

264

1,118

-28

869

277

1,146

1,046

336

1,382

United States

835

31

866

5

833

28

861

1,819

57

1,876

Canada

179

4

183

54

125

4

129

348

2

350

North America

1,014

35

1,049

59

958

32

990

2,167

59

2,226

Worldwide

1,868

299

2,167

31

1,827

309

2,136

3,213

395

3,608

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 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 49,000-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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