May 2007 Rig Counts Up

Baker Hughes said that the international rig count for May 2007 was 1,007, up 23 from the 984 counted in April 2007, and up 87 from the 920 counted in May 2006. The international offshore rig count for May 2007 was 296, up 2 from the 294 counted in April 2007 and up 21 from the 275 counted in May 2006. The US rig count for May 2007 was 1,748, down 3 from the 1,751 counted in April 2007 and up 113 from the 1,635 counted in May 2006. The Canadian rig count for May 2007 was 107, up 6 from the 101 counted in April 2007 and down 133 from the 240 counted in May 2006. The worldwide rig count for May 2007 was 2,862, up 26 from the 2,836 counted in April 2007 and up 67 from the 2,795 counted in May 2006.