Baker Hughes Announces November 2016 Rig Counts

Baker Hughes Announces November 2016 Rig Counts

Baker Hughes Incorporated (NYSE:BHI) announced that the international rig count for November 2016 was 925, up 5 from the 920 counted in October 2016, and down 184 from the 1,109 counted in November 2015. The international offshore rig count for November 2016 was 211, up 11 from the 200 counted in October 2016, and down 48 from the 259 counted in November 2015.

The average U.S. rig count for November 2016 was 580, up 36 from the 544 counted in October 2016, and down 180 from the 760 counted in November 2015. The average Canadian rig count for November 2016 was 173, up 17 from the 156 counted in October 2016, and down 5 from the 178 counted in November 2015.

    The worldwide rig count for November 2016 was 1,678, up 58 from the 1,620 counted in October 2016

Down 369 from the 2,047 counted in November 2015.

November 2016 Rotary Rig Counts

Source: Baker Hughes

Oil and Gas Press
Oil and Gas News Undiluted !!! “The squeaky wheel gets the oil”

Follow us: @OilAndGasPress on Twitter | OilAndGasPress on Facebook

#FOLLOW US ON INSTAGRAM