BHGE: International offshore rig count down to 194 units

The international offshore rig count for February 2018 decreased both sequentially and year-over-year, according to a Wednesday report by Baker Hughes, a GE company.

As reported by Baker Hughes on Wednesday, the international offshore rig count for February 2018 was 194, down 2 from the 196 counted in January 2018, and down 6 from the 200 counted in February 2017.

The international rig count, which includes onshore and offshore rigs, for February 2018 was 979, up 19 from the 960 counted in January 2018, and up 38 from the 941 counted in February 2017.

The average U.S. rig count for February 2018 was 969, up 32 from the 937 counted in January 2018, and up 225 from the 744 counted in February 2017.

The average Canadian rig count for February 2018 was 323, up 45 from the 278 counted in January 2018, and down 19 from the 342 counted in February 2017.

The worldwide rig count for February 2018 was 2,271, up 96 from the 2,175 counted in January 2018, and up 244 from the 2,027 counted in February 2017.