Baker Hughes sees uptick in monthly international offshore rig count

Exploration & Production

The international offshore rig count was up by 6 rigs sequentially but down by 7 year-over-year, according to April 2018 rig count reports released by Baker Hughes, a GE company, on Monday. 

Baker Hughes’ international rig count includes land and offshore rigs from Latin America, Europe, Africa, Middle East, and Asia Pacific.

The international rig count for April 2018 was 978, up 6 from the 972 counted in March 2018, and up 22 from the 956 counted in April 2017.

The international offshore rig count for April 2018 was 194 up 6 from the 185 counted in March 2018, and down 7 from the 201 counted in April 2017.

The average U.S. rig count for April 2018 was 1,011, up 22 from the 989 counted in March 2018, and up 158 from the 853 counted in April 2017.

The average Canadian rig count for April 2018 was 98, down 120 from the 218 counted in March 2018, and down 10 from the 108 counted in April 2017.

The worldwide rig count for April 2018 was 2,087, down 92 from the 2,279 counted in March 2018, and up 170 from the 1,917 counted in April 2017.