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Baker Hughes Announces Worldwide April 2019 Rig Counts


HOUSTON & LONDON–(BUSINESS WIRE)–Baker Hughes, a GE company (NYSE:BHGE) announced today that the Baker Hughes international rig count for April 2019 was 1,062, up 23 from the 1,039 counted in March 2019, and up 84 from the 978 counted in April 2018. The international offshore rig count for April 2019 was 251, up 4 from the 247 counted in March 2019, and up 57 from the 194 counted in April 2018.

The average U.S. rig count for April 2019 was 1,012, down 11 from the 1,023 counted in March 2019, and up 1 from the 1,011 counted in April 2018. The average Canadian rig count for April 2019 was 66, down 85 from the 151 counted in March 2019, and down 32 from the 98 counted in April 2018.

The worldwide rig count for April 2019 was 2,140, down 73 from the 2,213 counted in March 2019, and up 53 from the 2,087 counted in April 2018.
 

 

April 2019 Rig Counts

April 2019

March 2019

April 2018

Land Offshore Total

Month
Variance

Land Offshore Total Land Offshore Total
Latin America 158 32 190 2 160 28 188 163 26 189
Europe 57 41 98 3 58 37 95 54 34 88
Africa 103 23 126 -1 102 25 127 79 15 94
Middle East 356 56 412 17 340 55 395 355 43 398
Asia Pacific 137 99 236 2 132 102 234 133 76 209
International 811 251 1,062 23 792 247 1,039 784 194 978
United States 990 22 1,012 -11 1,001 22 1,023 995 16 1,011
Canada 64 2 66 -85 150 1 151 95 3 98
North America 1,054 24 1,078 -96 1,151 23 1,174 1,090 19 1,109
Worldwide 1,865 275 2,140 -73 1,943 270 2,213 1,874 213 2,087

About the Baker Hughes Rig Counts

The Baker Hughes rig counts are counts of the number of drilling rigs actively exploring for or developing oil or natural gas in the U.S., Canada and international markets. The company has issued the rig counts as a service to the petroleum industry since 1944, when Hughes Tool Company began weekly counts of the U.S. and Canadian drilling activity. The monthly international rig count was initiated in 1975.

The North American rig count 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 fifth 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.

About Baker Hughes, a GE company

Baker Hughes, a GE company (NYSE:BHGE) is the world’s first and only fullstream provider of integrated oilfield products, services and digital solutions. We deploy minds and machines to enhance customer productivity, safety and environmental stewardship, while minimizing costs and risks at every step of the energy value chain. With operations in over 120 countries, we infuse over a century of experience with the spirit of a startup – inventing smarter ways to bring energy to the world.



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