Baker Hughes, a GE company Announces March 2019 Rig Counts
April 05 2019 - 6:00AM
Business Wire
Baker Hughes, a GE company (NYSE:BHGE) announced today that the
Baker Hughes international rig count for March 2019 was 1,039, up
12 from the 1,027 counted in February 2019, and up 67 from the 972
counted in March 2018. The international offshore rig count for
March 2019 was 247, down 3 from the 250 counted in February 2019,
and up 62 from the 185 counted in February 2018.
The average U.S. rig count for March 2019 was 1,023, down 26
from the 1,049 counted in February 2019, and up 34 from the 989
counted in March 2018. The average Canadian rig count for March
2019 was 151, down 79 from the 230 counted in February 2019, and
down 67 from the 218 counted in March 2018.
The worldwide rig count for March 2019 was 2,213, down 93 from
the 2,306 counted in February 2019, and up 34 from the 2,179
counted in March 2018.
March 2019 Rig Counts
March 2019
February 2019
March 2018
Land Offshore Total
MonthVariance
Land Offshore
Total Land
Offshore Total
Latin America 160 28 188 6 156 26 182 167 26
193 Europe 58 37 95 1 58 36 94 56 33 89 Africa 102 25 127 14 88 25
113 78 11 89 Middle East 340 55 395 -3 340 58 398 353 44 397 Asia
Pacific 132 102 234 -6 135 105 240 133
71 204
International
792 247 1,039 12 777 250
1,027 787 185 972 United States
1,001 22 1,023 -26 1,029 20 1,049 976 13 989 Canada 150 1
151 -79 228 2 230 215 3 218
North America 1,151 23 1,174
-105 1,257 22 1,279 1,191
16 1,207
Worldwide 1,943 270
2,213 -93 2,034 272
2,306 1,978 201 2,179
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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version on businesswire.com: https://www.businesswire.com/news/home/20190405005077/en/
Media Relations:Melanie Kania, +1
713-439-8303melanie.kania@bhge.com
or
Investor Relations:Philipp Mueller, +1
281-809-9088investor.relations@bhge.com
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