US rig count down, Canada up for May 2016 – Baker Hughes

Worldwide rig count for May was 1,405, down 19 from April

HOUSTON- Baker Hughes says the May international rig count was 955 up 9 from the 946 counted in April, and down 203 from the 1,158 counted in May 2015.

The international offshore rig count for May 2016 was 229, up 9 from the 220 counted in April 2016, and down 55 from the 284 counted in May 2015.

The average U.S. rig count for May 2016 was 408, down 29 from the 437 counted in April, and down 481 from the 889 counted in May 2015.

The average Canadian rig count for May was 42, up 1 from the 41 counted in April, and down 38 from the 80 counted in May 2015.

The worldwide rig count for May was 1,405, down 19 from the 1,424 counted in April, and down 722 from the 2,127 counted in May 2015.

May 2016 Rotary Rig Counts

May 2016

April 2016

May 2015

Land Offshore Total Month Variance Land Offshore Total Land Offshore Total
Latin America 158 30 188 -15 167 36 203 258 69 327
Europe 53 42 95 5 54 36 90 68 48 116
Africa 71 20 91 1 70 20 90 69 31 100
Middle East 340 51 391 7 330 54 384 357 41 398
Asia Pacific 104 86 190 11 105 74 179 122 95 217
International 726 229 955 9 726 220 946 874 284 1,158
United States 384 24 408 -29 411 26 437 857 32 889
Canada 40 2 42 1 40 1 41 78 2 80
North America 424 26 450 -28 451 27 478 935 34 969
Worldwide 1,150 255 1,405 -19 1,177 247 1,424 1,809 318 2,127

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