The international offshore rig count for May 2017 was down by 27 units year-on-year, but up by one unit compared to the last month’s count, according to a Wednesday report by Baker Hughes.
The international offshore rig count for May 2017 was 202, up 1 from the 201 counted in April 2017 , and down 27 from the 229 counted in May 2016.
The international rig count for May 2017,which includes land and offshore units, was 957, up 1 from the 956 counted in April 2017, and up 2 from the 955 counted in May 2016.
The average U.S. rig count for May 2017 was 893, up 40 from the 853 counted in April 2017, and up 485 from the 408 counted in May 2016.
The average Canadian rig count for May 2017 was 85, down 23 from the 108 counted in April 2017, and up 43 from the 42 counted in May 2016.
The worldwide rig count for May 2017 was 1,935, up 18 from the 1,917 counted in April 2017, and up 530 from the 1,405 counted in May 2016.
The worldwide offshore rig count for May 2017 was 226, up 5 from 221 counted in April 2017 and down 29 from 255 counted in May 2016.