Baker Hughes Announces March 2015 Rig Counts

HOUSTON, April 8, 2015 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for March 2015 was 1,251, down 24 from the 1,275 counted in February 2015, and down 94 from the 1,345 counted in March 2014. The international offshore rig count for March 2015 was 316, down 8 from the 324 counted in February 2015, and down 18 from the 334 counted in March 2014.

The average U.S. rig count for March 2015 was 1,110, down 238 from the 1,348 counted in February 2015, and down 693 from the 1,803 counted in March 2014. The average Canadian rig count for March 2015 was 196, down 167 from the 363 counted in February 2015, and down 253 from the 449 counted in March 2014.

The worldwide rig count for March 2015 was 2,557, down 429 from the 2,986 counted in February 2015, and down 1,040 from the 3,597 counted in March 2014.

March 2015 Rotary Rig Counts



March

2015




February

2015


March

2014




Land

Offshore

Total


Month
Variance


Land

Offshore

Total


Land

Offshore

Total


















Latin America


284

67

351


-4


283

72

355


337

69

406


Europe


80

55

135


2


77

56

133


93

55

148


Africa


85

40

125


-7


88

44

132


97

35

132


Middle East


355

52

407


-8


367

48

415


350

51

401


Asia Pacific


131

102

233


-7


136

104

240


134

124

258


International


935

316

1,251


-24


951

324

1,275


1,011

334

1,345


















United States


1,067

43

1,110


-238


1,296

52

1,348


1,750

53

1,803


Canada


193

3

196


-167


360

3

363


448

1

449


North America


1,260

46

1,306


-405


1,656

55

1,711


2,198

54

2,252


















Worldwide


2,195

362

2,557


-429


2,607

379

2,986


3,209

388

3,597


















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 62,000-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:

Trey Clark, +1.713.439.8039, trey.clark@bakerhughes.com


Alondra Oteyza, +1.713.439.8822, alondra.oteyza@bakerhughes.com

 

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SOURCE Baker Hughes Incorporated