Number of oil and gas rigs increases worldwide

Baker Hughes, a GE company announced that the Baker Hughes international rig count for February 2019 was 1,027, up 3 from the 1,024 counted in January 2019, and up 48 from the 979 counted in February 2018.

The international offshore rig count for February 2019 was 250, up 8 from the 242 counted in January 2019, and up 56 from the 194 counted in February 2018.

The average U.S. rig count for February 2019 was 1,049, down 16 from the 1,065 counted in January 2019, and up 80 from the 969 counted in February 2018. The average Canadian rig count for February 2019 was 230, up 54 from the 176 counted in January 2019, and down 93 from the 323 counted in February 2018.

The worldwide rig count for February 2019 was 2,306, up 41 from the 2,265 counted in January 2019, and up 135 from the 2,171 counted in February 2018.

February 2019 Rig Counts

February 2019

January2019 February2018
Land Offshore Total

Month
Variance

Land Offshore Total Land Offshore Total
Latin America 156 26 182 -13 168 27 195 169 30 199
Europe 58 36 94 8 55 31 86 55 29 84
Africa 88 25 113 4 89 20 109 74 16 90
Middle East 340 58 398 -4 339 63 402 356 40 396
Asia Pacific 135 105 240 8 131 101 232 131 79 210
International 777 250 1,027 3 782 242 1,024 785 194 979
United States 1,029 20 1,049 -16 1,044 21 1,065 952 17 969
Canada 228 2 230 54 173 3 176 321 2 323
North America 1,257 22 1,279 38 1,217 24 1,241 1,273 19 1,292
Worldwide 2,034 272 2,306 41 1,999 266 2,265 2,058 213 2,271