Monday, March 7, 2016

Baker Hughes provides February rig counts



The international rig count for February was 1,018, down 27 from the 1,045 counted in January, and down 257 from the 1,275 counted in February 2015, according to #BakerHughes Inc. (NYSE: BHI). The international offshore rig count for February was 225, down 17 from the 242 counted in January, and down 99 from the 324 counted in February 2015.

The average US #rig count for February was 532, down 122 from the 654 counted in January, and down 816 from the 1,348 counted in February 2015. The average Canadian rig count for February was 211, up 19 from the 192 counted in January, and down 152 from the 363 counted in February 2015.

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

Source: OGFJ

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