Baker Hughes: International rig count climbs 12 units in March

April 5, 2019
The international rig count for March reached 1,039, up 12 units from 1,027 in February and up 67 units from 972 in March 2018, according to Baker Hughes data. The international offshore rig count for March was 247, down 3 units from 250 in February and up 62 from 185 in March 2018.

The international rig count for March reached 1,039, up 12 units from 1,027 in February and up 67 units from 972 in March 2018, according to Baker Hughes data (OGJ Online, Apr. 6, 2018; Mar. 7, 2019).

The international offshore rig count for March was 247, down 3 units from 250 in February and up 62 from 185 in March 2018.

The worldwide rig count for March was 2,213, down 93 units from 2,306 in February and up 34 units from 2,179 in March 2018.

The average US rig count for March was 1,023, down 26 units from 1,049 in February and up 34 units from 989 in March 2018.

Europe is up 1 unit with 95 in March and up 6 units year-over-year.

Latin America is up 6 units from the previous month at 188 and down 5 units year-over-year.

The Asia-Pacific region is down 6 units to 234 and up 30 units from its year-ago average.

The Middle East is down 3 units month-over-month to 395 and down 2 units year-over-year.

The average Canadian rig count for March was 151, down 79 from 230 in February and down 67 from 218 in March 2018.