Baker Hughes Rig Count: International -54 to 1,058.,U.S. -3 to 545 Canada -7 to 135

10 Apr Baker Hughes Rig Count: International -54 to 1,058.,U.S. -3 to 545 Canada -7 to 135

U.S. Rig Count is down 3 from last week to 545 with oil rigs unchanged at 411, gas rigs down 3 to 127 and miscellaneous rigs unchanged at 7
Canada Rig Count is down 7 from last week to 135 with oil rigs down 5 to 83, gas rigs down 2 to 52 and miscellaneous rigs unchanged at 0.
International Rig Count is down 54 from last month to 1,058 with land rigs down 44 to 829, offshore down 10 to 229.

The Worldwide Rig Count for March was 1,791, down 94.

The Baker Hughes International rig count is a monthly census of “active” drilling rigs exploring for or developing oil or natural gas outside North America (US & Canada).
 The Baker Hughes rig count defines active rigs as rigs that are actively conducting drilling operations on a given well

 For a rig to be active the below conditions must be met:
• The rig must be drilling (turning to the right)
• Drilling needs to have occurred for a majority of the week (4 days out of 7)
• The active rig must be working on a well which is a significant consumer of oilfield products and services