International rig count declines again in Feb. – Baker Hughes

Feb. rig count was 1,761 – down from 1,891 in Jan. 2016 and 2,986 in Feb. 2015

US rig count is down again in Feb. according to Baker Hughes

Baker Hughes announced today that the international rig count for Feb. 2016 was 1,018, down 27 from the 1,045 counted in Jan. 2016, and down 257 from the 1,275 counted in Feb. 2015.

The international offshore rig count for Feb. 2016 was 225, down 17 from the 242 counted in Jan. 2016, and down 99 from the 324 counted in Feb.2015.

The average U.S. rig count for Feb. 2016 was 532, down 122 from the 654 counted in Jan. 2016, and down 816 from the 1,348 counted in Feb. 2015.

The average Canadian rig count for Feb. 2016 was 211, up 19 from the 192 counted in Jan. 2016, and down 152 from the 363 counted in Feb. 2015.

The worldwide rig count for Feb. 2016 was 1,761, down 130 from the 1,891 counted in Jan. 2016, and down 1,225 from the 2,986 counted in Feb. 2015.

February 2016 Rotary Rig Counts

	February 2016				January 2016			February 2015
	Land	Offshore	Total	Month Variance	Land	Offshore	Total	Land	Offshore	Total

Latin America	187	50	237	-6	192	51	243	283	72	355
Europe	71	36	107	-1	73	35	108	77	56	133
Africa	68	20	88	-6	68	26	94	88	44	132
Middle East	354	50	404	-3	352	55	407	367	48	415
Asia Pacific	113	69	182	-11	118	75	193	136	104	240
International	793	225	1,018	-27	803	242	1,045	951	324	1,275

United States	506	26	532	-122	627	27	654	1,296	52	1,348
Canada	208	3	211	19	190	2	192	360	3	363
North America	714	29	743	-103	817	29	846	1,656	55	1,711

Worldwide	1,507	254	1,761	-130	1,620	271	1,891	2,607	379	2,986