Marine Link
Monday, January 22, 2018

Rig Count News

Baker Hughes Rig Count Down 2% From June 2001

Baker Hughes Inc. announced on August 7 that the international rig count for July 2001 was 748, down 12 from the 760 counted in June 2001 and up 86 from the 662 counted in July 2000. 189 counted in July 2000. The U.S. rig count for July 2001 was 1,278 up 7 from the 1,271 counted in June 2001 and up 337 from the 941 counted in July 2000. The Canadian rig count for July 2001 was 319 up 17 from the 302 counted in June 2001 and up 13 from the 306 counted in July 2000. The worldwide rig count for July 2001 was 2,345 up 12 from the 2,333 counted in June 2001 and up 436 from the 1,909 counted in July 2000. international markets. and Canadian drilling activity. 1975. In 1987 the Baker Oil Tools began its monthly workover rig count. last working day of each week.

Worldwide/U.S. Gulf Rig Counts Rise

The U.S. Gulf of Mexico and worldwide offshore rig counts increased since last week, while the European offshore rig count was unchanged, according to Offshore Data Services' weekly mobile offshore rig count. The worldwide offshore rig count increased by five compared to last week. This week, 471 of world's 631 mobile offshore drilling units are under contract. Worldwide offshore rig utilization is 74.6 percent. The U.S. Gulf offshore rig count posted a three-rig increase on a week-to-week basis. The increase marks the fifth consecutive week that rig counts have increased in the region. In addition, two rigs mobilized to the area, putting the overall fleet at 188 rigs. With 135 rigs in the area under contract, U.S. Gulf rig utilization is 71.8 percent.

Offshore Rig Report

The U.S. and European offshore rig counts increased since last week, according to Offshore Data Services' weekly mobile offshore rig count. In addition, one new rig joined the worldwide drilling fleet. The U.S. Gulf of Mexico rig count posted a net three-rig increase over last week. With 149 of the area's 195 mobile offshore drilling rigs now under contract, U.S. Gulf offshore rig utilization is 76.4 percent. The European offshore rig count increased by two rigs compared to last week. This week, 81 of the area's 106 mobile offshore drilling units are under contract. European offshore rig utilization now stands at 76.4 percent, the same as the U.S. Gulf offshore rig utilization rate.

U.S., International Rig Counts are on the Rise

Baker Hughes Incorporated announced today that the international rig count for May 2001 was 752, up 10 from the 742 counted in April 2001 and up 125 from the 627 counted in May 2000. The international offshore rig count for May 2001 was 230, up 11 from the 219 counted in April 2001 and up 64 from the 166 counted in May 2000. The U.S. rig count for May 2001 was 1,234 up 28 from the 1,206 counted in April 2001 and up 389 from the 845 counted in May 2000. The Canadian rig count for May 2001 was 238 up 21 from the 217 counted in April 2001 and up 49 from the 189 counted in May 2000. The worldwide rig count for May 2001 was 2,224 up 59 from the 2,165 counted in April 2001 and up 563 from the 1,661 counted in May 2000.

International Rig Count Up

Baker Hughes announced today that the international rig count for August 2001 was 756, up 8 from the 748 counted in July 2001 and up 51 from the 705 counted in August 2000. The international offshore rig count for August 2001 was 219 up 2 from the 217 counted in July 2001 and up 11 from the 208 counted in August 2000. The U.S. rig count for August 2001 was 1,252 down 26 from the 1,278 counted in July 2001 and up 265 from the 987 counted in August 2000. The Canadian rig count for August 2001 was 325 up 6 from the 319 counted in July 2001 and up 5 from the 320 counted in August 2000. The worldwide rig count for August 2001 was 2,333 down 12 from the 2,345 counted in July 2001 and up 321 from the 2,012 counted in August 2000.

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.

Baker Hughes Announces September 2007 Rig Counts

Baker Hughes said that the international rig count for September 2007 was 1,032, up 23 from the 1,009 counted in August 2007, and up 83 from the 949 counted in September 2006. The international offshore rig count for September 2007 was 285, up 5 from the 280 counted in August 2007 and up 21 from the 264 counted in September 2006. The US rig count for September 2007 was 1,783, down 21 from the 1,804 counted in August 2007 and up 44 from the 1,739 counted in September 2006. The Canadian rig count for September 2007 was 351, up 8 from the 343 counted in August 2007 and down 95 from the 446 counted in September 2006. The worldwide rig count for September 2007 was 3,166, up 10 from the 3,156 counted in August 2007 and up 32 from the 3,134 counted in September 2006.

International Rig Count Down 4% from October

Baker Hughes Incorporated's international rig count for November 2000 was 700, down 27 from the 727 counted in October 2000 and up 125 from the 575 counted in November 1999. The international offshore rig count for November 2000 was 196, down 23 from the 219 counted in October 2000 and up 38 from the 158 counted in November 1999. The U.S. rig count for November 2000 was 1,067, up 12 from the 1,055 counted in October 2000, and up 285 from the 782 counted in November 1999. The Canadian rig count for November 2000 was 362, up nine from the 353 counted in October 2000 and up 26 from the 336 counted in November 1999. The worldwide rig count for November 2000 was 2,129, down 6 from the 2,135 counted in October 2000 and up 436 from the 1,693 counted in November 1999.

Rig Count Continues To Climb

Baker Hughes Incorporated announced that the international rig count for October 2000 was 727, up 13 from the 714 counted in September 2000 and up 162 from the 565 counted in October 1999. The international offshore rig count for October 2000 was 219, up 6 from the 213 counted in September 2000 and up 62 from the 157 counted in October 1999. The U.S. rig count for October 2000 was 1,055 up 44 from the 1,011 counted in September 2000 and up 344 from the 741 counted in October 1999. The Canadian rig count for October 2000 was 353 up 39 from the 314 counted in September 2000, and up 64 from the 289 counted in October 1999. The worldwide rig count for October 2000 was 2,135 up 96 from the 2,039 counted in September 2000 and up 717 from the 1,418 counted in October 1999.

Baker Hughes Announces July 2006 Rig Counts

Baker Hughes Incorporated announced that the international rig count for July 2006 was 921, up 15 from the 906 counted in June 2006, and up 10 from the 911 counted in July 2005. The international offshore rig count for July 2006 was 269, up for from the 265 counted in June 2006 and down nine from the 278 counted in July 2005. The US rig count for July 2006 was 1,681 up 16 from the 1,665 counted in June 2006 and up 283 from the 1,398 counted in July 2005. The Canadian rig count for July 2006 was 553, up 145 from the 408 counted in June 2006 and up 103 from the 450 counted in July 2005. The worldwide rig count for July 2006 was 3,155, up 176 from the 2,979 counted in June 2006 and up 396 from the 2,759 counted in July 2005.

Rig Count Continues to Rise

Baker Hughes Inc.'s international rig count for December 2000 was 705, up five from the 700 counted in November 2000 and up 131 from the 574 counted in December 1999. The international offshore rig count for December 2000 was 201, up 5 from the 196 counted in November 2000 and up 42 from the 159 counted in December 1999. The U.S. rig count for December 2000 was 1,097 up 30 from the 1,067 counted in November 2000 and up 299 from the 798 counted in December 1999. The Canadian rig count for December 2000 was 410 up 48 from the 362 counted in November 2000 and up 25 from the 385 counted in December 1999. The worldwide rig count for December 2000 was 2,212, up 83 from the 2,129 counted in November 2000 and up 455 from the 1,757 counted in December 1999.

Baker Hughes Announces June 2002 Rig Counts

Baker Hughes Incorporated announced that the international rig count for June 2002 was 730 up 12 from the 718 counted in May 2002 and down 30 from the 760 counted in June 2001. The international offshore rig count for June 2002 was 232 up 13 from the 219 counted in May 2002 and unchanged from the 232 counted in June 2001. The US rig count for June 2002 was 843 up 17 from the 826 counted in May 2002 and down 428 from the 1,271 counted in June 2001. The Canadian rig count for June 2002 was 205 up 91 from the 114 counted in May 2002 and down 97 from the 302 counted in June 2001. The worldwide rig count for June 2002 was 1,778 up 120 from the 1,658 counted in May 2002 and down 555 from the 2,333 counted in June 2001.

Offshore Rig Count

Offshore rig counts continue to rise, according to Offshore Data Services' weekly mobile offshore rig count. The U.S. Gulf's offshore rig utilization rate jumped over 80 percent for the first time since late 1998 due to a net five-rig increase in contracted rigs in the region. This week, 161 of 199 rigs are under contract in the region. U.S. Gulf mobile offshore rig utilization is 81.0 percent. Worldwide rig counts rose as well, with a net seven-rig increase in the number of rigs under contract recorded on a week-to-week basis. The week, 517 of the world's 640 mobile offshore drilling rigs are under contract. Worldwide offshore rig utilization is 80.8 percent. A net one-rig increase in the European offshore rig count boosted fleet utilization in the region to 84.8 percent this week.

Baker Hughes Announces August 2008 Rig Counts

  Baker Hughes announced that the international rig count for August 2008 was 1,087, down 5 from the 1,092 counted in July 2008, and up 78 from the 1,009 counted in August 2007. The international offshore rig count for August 2008 was 292, down 20 from the 312 counted in July 2008 and up 12 from the 280 counted in August 2007. The rig count for August 2008 was 1987, up 55 from the 1,932 counted in July 2008 and up 183 from the 1,804 counted in August 2007. The Canadian rig count for August 2008 was 449, up 37 from the 412 counted in July 2008 and up 106 from the 343 counted in August 2007. The worldwide rig count for August 2008 was 3,523, up 87 from the 3,436 counted in July 2008 and up 367 from the 3,156 counted in August 2007.  

Baker Hughes: Rig Counts Continue to Fall

Baker Hughes  announced that the international rig count for December 2015 was 1,095, down 14 from the 1,109 counted in November 2015, and down 218 from the 1,313 counted in December 2014. The international offshore rig count for December 2015 was 250, down 9 from the 259 counted in November 2015, and down 88 from the 338 counted in December 2014. The average U.S. rig count for December 2015 was 714, down 46 from the 760 counted in November 2015, and down 1,168 from the 1,882 counted in December 2014. The average Canadian rig count for December 2015 was 160, down 18 from the 178 counted in November 2015, and down 215 from the 375 counted in December 2014.

Rig Counts up from One Year Ago

Baker Hughes Incorporated (BHI) has announced  that the international rig count for January 2014 was 1,325, down 10 from the 1,335 counted in December 2013, and up 46 from the 1,279 counted in January 2013. The international offshore rig count for January 2014 was 302, down four from the 306 counted in December 2013, and down five from the 307 counted in January 2013. The average U.S. rig count for January 2014 was 1,769, down two from the 1,771 counted in December 2013, and up 12 from the 1,757 counted in January 2013. The average Canadian rig count for January 2014 was 504, up 132 from the 372 counted in December 2013, and up one from the 503 counted in January 2013.

U.S. Offshore Rig Count Increases

The U.S. Gulf of Mexico offshore rig count increased for the third consecutive week, according to Offshore Data Services' weekly mobile offshore rig count. Today, the U.S. Gulf rig count stands at 151, a one-rig increase since last week. Total fleet size is unchanged at 191 rigs. Fleet utilization this week is 79.1 percent. The European offshore rig count is unchanged from last week. Of the 107 mobile offshore drilling rigs deployed in the area, 74 are under contract to oil and gas companies. European offshore rig fleet utilization is a lackluster 69.2 percent. No significant increase in European offshore rig demand is expected in the near term due to continued volatility in worldwide oil prices.

Rig Counts Fall Since Last Week

The U.S. Gulf of Mexico offshore rig count lost some of the ground it had made up in the last few weeks, according to Offshore Data Services' weekly mobile offshore rig count. The U.S. Gulf offshore rig count fell by two rigs on a week-to-week basis. The decline ends a five-week rally of higher utilization rates in the region. This week, 133 of 188 mobile offshore drilling units in the U.S. Gulf are under contract. U.S. Gulf rig utilization is 70.7 percent. The European offshore rig count also fell since last week. This week, two fewer rigs are under contract and European offshore rig utilization fell from 74.6 percent to 74.1 percent. Of the 107 mobile offshore drilling rigs in the area, 80 now are under contract. The worldwide offshore rig count fell by four on a week-to-week basis.

U.S. Offshore Rig Count Hits 17-Month High

The U.S. Gulf of Mexico rig count stands at 150 this week, its highest level since July of 1998. According to Offshore Data Services' weekly mobile offshore rig count, 150 of the 191 offshore rigs in the U.S. Gulf of Mexico are under contract this week. U.S. Gulf mobile offshore rig utilization is 78.5 percent. The improved rig count has been driven primarily by strong domestic natural gas prices, however, natural gas prices have weakened in recent weeks, and this may impact rig demand in the region. The European offshore rig count posted a one-rig increase over last week. This week, 74 of the 107 mobile offshore drilling rigs in the area are under contract. European offshore rig utilization is 69.2 percent.

Gulf Of Mexico Rig Count Declines

The U.S. Gulf of Mexico rig count declined for the first time in four weeks, according to Offshore Data Services' weekly mobile offshore rig count. This week, 149 of the 191 rigs deployed in the U.S. Gulf of Mexico are under contract, two less than were under contract last week. U.S. Gulf offshore rig utilization now stands at 78.0 percent. The European offshore rig count declined by one rig, the result of a contracted rig moving out of the area. This week, 73 of the 106 mobile offshore drilling rigs in European waters are under contract and European offshore rig fleet utilization is 68.9 percent. A net two-rig decline in the worldwide offshore rig count occurred from last week to this week.

Latest Offshore Rig Count

Baker Hughes Incorporated announce the international offshore rig count for January 2013 was 307, up 8 from the 299 counted in December 2012. The count is unchanged from the 307 counted in January 2012. The average U.S. offshore rig count for January 2013 was 53, up two from the 51 that were counted in December 2012 and up 10 from the 43 counted in December 2012. The Baker Hughes Rotary Rig Counts are counts of the number of drilling rigs actively exploring for or developing oil or natural gas in the United States, Canada and international markets. Baker Hughes has issued the rotary rig counts as a service to the petroleum industry since 1944, when Hughes Tool Company began weekly counts of US and Canadian drilling activity.

Offshore Rig Count

U.S. The Gulf of Mexico rig count continues to rebound, and this week reached its highest level since July 1998, according to Offshore Data Services' weekly mobile offshore rig count. The Gulf of Mexico rig count is expected to continue to rise as the year progresses. On March 24, 155 of the 198 mobile offshore drilling rigs in the U.S. Gulf of Mexico were under contract. The week's tally represents a four-rig increase over the previous week's count, and a nine-rig increase over the month-ago figure. The number of rigs under contract offshore Europe is unchanged, although European offshore rig utilization declined slightly due to the addition of a non-working unit to the area's fleet.

U.S. Offshore Rig Demand Continues To Rise

The U.S. Gulf of Mexico offshore rig count is at its highest level in nearly a year, according to Offshore Data Services' weekly mobile offshore rig count. A four-rig increase in the U.S. Gulf rig count over last week boosted the count to 140, the highest level since October 16 of last year. The 187-rig U.S. Gulf drilling fleet's utilization rate is now 74.9 percent. As utilization approaches and then exceeds 80 percent, rig owners should benefit in the form of improving rig day rates. The European offshore rig count continues to falter as anticipated. A two-rig decline since last week pulls the area's offshore rig count down to 77 and utilization down to 71.3 percent. In addition, one rig moved into the area; the European offshore drilling fleet now numbers 108 units.

Maritime Reporter Magazine Cover Dec 2017 - The Great Ships of 2017

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News