Numbers reflect slowdown in U.S. oil and gas drilling

The latest international rig count announced by Baker Hughes shows how drilling has slowed in the U.S. as numbers for October 2019 were down from a year earlier.

The average U.S. rig count for October 2019 was 848, down 30 from the 878 counted in October 2019, and down 214 from the 1,062 counted in October 2018. The average Canadian rig count for October 2019 was 145, up 13 from the 132 counted in September 2019, and down 47 from the 192 counted  in October 2018.

The company said its international rig count for October was 1,130, down one from the count in September 2019 and up 113 from the 1,017 counted in October 2018.

The international offshore rig count for October 2019 was 242, unchanged from September 2019, and up 35 from the 207 counted in October 2018.

The worldwide rig count for October 2019 was 2,123, down 18 from the 2,141 counted in September 2019, and down 148 from the 2,271 counted in October 2018.

October 2019 Rig Counts

October

2019

September

2019

October

2018

Land

Offshore

Total

Month Variance

Land

Offshore

Total

Land

Offshore

Total

Latin America

159

30

189

0

158

31

189

168

25

193

Europe

133

42

175

-1

134

42

176

56

36

92

Africa

93

23

116

1

94

21

115

88

19

107

Middle East

368

56

424

-1

370

55

425

356

48

404

Asia Pacific

135

91

226

0

133

93

226

142

79

221

International

888

242

1,130

-1

889

242

1,131

810

207

1,017

United States

825

23

848

-30

852

26

878

1,041

21

1,062

Canada

143

2

145

13

131

1

132

190

2

192

North America

968

25

993

-17

983

27

1,010

1,231

23

1,254

Worldwide

1,856

267

2,123

-18

1,872

269

2,141

2,041

230

2,271

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