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Baker Hughes Announces April 2015 Rig Counts


News provided by

Baker Hughes Incorporated

May 07, 2015, 06:00 ET

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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, [email protected] 
Investor Relations: Alondra Oteyza, +1.713.439.8822, [email protected]

SOURCE Baker Hughes Incorporated

Related Links

http://www.bakerhughes.com

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