Houston-based Baker Hughes is out with its monthly report of rig activity around the world and says the international count for August was 1,008, up eleven from July.
It was also 56 more than the 952 rigs reported in August of last year.
The international offshore rig count for August 2018 was 212, down 5 from the 217 counted in July 2018, and up 11 from the 201 counted in August 2017.
The average U.S. rig count for August 2018 was unchanged at 1,050 counted in July 2018, and up 103 from the 947 counted in August 2017. The average Canadian rig count for August 2018 was 220, up 16 from the 204 counted in July 2018, and up 3 from the 217 counted in August 2017.
The worldwide rig count for August 2018 was 2,278, up 27 from the 2,251 counted in July 2018, and up 162 from the 2,116 counted in August 2017.
August 2018 Rig Counts
August 2018 | July 2018 | August 2017 | ||||||||||||||||||||||||||||||||||
Land | Offshore | Total |
Month |
Land | Offshore | Total | Land | Offshore | Total | |||||||||||||||||||||||||||
Latin America | 168 | 24 | 192 | 2 | 161 | 29 | 190 | 160 | 31 | 191 | ||||||||||||||||||||||||||
Europe | 53 | 32 | 85 | 5 | 48 | 32 | 80 | 53 | 38 | 91 | ||||||||||||||||||||||||||
Africa | 87 | 17 | 104 | 6 | 79 | 19 | 98 | 72 | 12 | 84 | ||||||||||||||||||||||||||
Middle East | 351 | 51 | 402 | 2 | 354 | 46 | 400 | 340 | 51 | 391 | ||||||||||||||||||||||||||
Asia Pacific | 137 | 88 | 225 | -4 | 138 | 91 | 229 | 126 | 69 | 195 | ||||||||||||||||||||||||||
International | 796 | 212 | 1,008 | 11 | 780 | 217 | 997 | 751 | 201 | 952 | ||||||||||||||||||||||||||
United States | 1,031 | 19 | 1,050 | 0 | 1,032 | 18 | 1,050 | 930 | 17 | 947 | ||||||||||||||||||||||||||
Canada | 219 | 1 | 220 | 16 | 201 | 3 | 204 | 215 | 2 | 217 | ||||||||||||||||||||||||||
North America | 1,250 | 20 | 1,270 | 16 | 1,233 | 21 | 1,254 | 1,145 | 19 | 1,164 | ||||||||||||||||||||||||||
Worldwide | 2,046 | 232 | 2,278 | 27 | 2,013 | 238 | 2,251 | 1,896 | 220 | 2,116 | ||||||||||||||||||||||||||
The Baker Hughes rig counts are counts of the number of drilling rigs actively exploring for or developing oil or natural gas in the U.S., Canada and international markets. The company has issued the rig counts as a service to the petroleum industry since 1944, when Hughes Tool Company began weekly counts of the U.S. and Canadian drilling activity. The monthly international rig count was initiated in 1975.