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.

water — Click to watch production manager Dave Kuhnert explain how EndurAlloy™ production tubing has cut Crownquest Operating LLC’s Permian Basin well operating costs and extended well run-times.

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

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

Must Read