Baker Hughes Announces July 2015 Rig Counts

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

 

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SOURCE Baker Hughes Incorporated