Baker Hughes: International rig count rises 6 in January

The international rig count increased by 6 units month-over-month to 960 in January from the 954 rigs counted in December 2017, and up 27 from the 933 counted a year ago, according to Baker Hughes data.

The international rig count increased by 6 units month-over-month to 960 in January from the 954 rigs counted in December 2017, and up 27 from the 933 counted a year ago, according to Baker Hughes data.

The international offshore rig count for January was 196, up 5 from the 191 counted in the previous month, and down 10 from the 206 counted in January 2017.

The worldwide rig count for January was 2,175, up 86 from the 2,089 counted in December 2017, and up 257 from the 1,918 counted in January 2017 (OGJ Online, Jan. 15, 2017).

Latin America lost 4 units in January to 191, up 15 year-over-year.

In North America, the average US rig count for January was 937, up 7 from the 930 counted in December 2017, and up 254 from the 683 counted in January 2017. The average Canadian rig count for January 2018 was 278, up 73 from the 205 counted in December 2017, and down 24 from the 302 counted in January 2017.

The Asia-Pacific region was up 5 units during the month to 222 and up 24 rigs compared with its January 2017 average.

Africa was up 3 units during the month to 80, up 1 year-over-year.

Europe dropped 3 units in January to 84, down 14 units year-over-year.

The Middle East was up 5 units month-over-month at 383, up 1 from its January 2017 average.

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