Baker Hughes: International rig count down 26 units in January

Feb. 7, 2020
The international rig count for January reached 1,078, a decrease of 26 units from December 2019 and up 54 units from the 1,024 counted in January 2019, according to Baker Hughes data (OGJ Online, Jan. 8, 2020).

The international rig count for January reached 1,078, a decrease of 26 units from December 2019 and up 54 units from the 1,024 counted in January 2019, according to Baker Hughes data (OGJ Online, Jan. 8, 2020).

The international offshore rig count January was 245, down 12 units from December 2019, and up 3 units from the 242 counted in January 2019.

The worldwide rig count for January was 2,073, up 30 units from the 2,043 counted in December 2019, and down 192 units from the 2,265 counted in January 2019.

The average US rig count for January was 791, down 13 from the 804 counted in December 2019, and down 274 from the 1,065 counted in January 2019.

Europe was down 6 units with 133 in January and up 47 units year-over-year. Effective June 7, 2019, Ukraine has been added to the Baker Hughes International Rig Count.

Latin America is down 12 units from the previous month with 179 units and down 1 unit year-over-year.

The Asia-Pacific region is down 4 with 222 units month-over-month and down 10 units from its year-ago average.

The Middle East unchanged month-over-month at 430 and up 28 units year-over-year.

The average Canadian rig count for January was 204, up 69 units from the 135 counted in December 2019, and up 28 units from the 176 counted in January 2019.