Baker Hughes Announces June 2015 Rig Counts

08 Jul, 2015, 06:00 ET from Baker Hughes Incorporated

HOUSTON, July 8, 2015 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for June 2015 was 1,146, down 12 from the 1,158 counted in May 2015, and down 198 from the 1,344 counted in June 2014. The international offshore rig count for June 2015 was 277, down 7 from the 284 counted in May 2015, and down 43 from the 320 counted in June 2014.

The average U.S. rig count for June 2015 was 861, down 28 from the 889 counted in May 2015, and down 1,000 from the 1,861 counted in June 2014. The average Canadian rig count for June 2015 was 129, up 49 from the 80 counted in May 2015, and down 111 from the 240 counted in June 2014.

The worldwide rig count for June 2015 was 2,136, up 9 from the 2,127 counted in May 2015, and down 1,309 from the 3,445 counted in June 2014.

June 2015 Rotary Rig Counts

June 2015

May 2015

June 2014

Land

Offshore

Total

Month Variance

Land

Offshore

Total

Land

Offshore

Total

Latin America

252

62

314

-13

258

69

327

328

70

398

Europe

65

48

113

-3

68

48

116

99

48

147

Africa

74

29

103

3

69

31

100

87

36

123

Middle East

352

49

401

3

357

41

398

374

51

425

Asia Pacific

126

89

215

-2

122

95

217

136

115

251

International

869

277

1,146

-12

874

284

1,158

1,024

320

1,344

United States

833

28

861

-28

857

32

889

1,803

58

1,861

Canada

125

4

129

49

78

2

80

238

2

240

North America

958

32

990

21

935

34

969

2,041

60

2,101

Worldwide

1,827

309

2,136

9

1,809

318

2,127

3,065

380

3,445

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 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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