Baker Hughes Announces November 2019 Rig Counts

December 6, 2019 at 6:00 AM EST

HOUSTON & LONDON--(BUSINESS WIRE)--Dec. 6, 2019-- Baker Hughes (NYSE: BKR) announced today that the Baker Hughes international rig count for November 2019 was 1,096, down 34 from the 1,130 counted in October 2019, and up 105 from the 991 counted in November 2018. The international offshore rig count for November 2019 was 247, up 5 from the 242 counted in October 2019, and up 41 from the 206 counted in November 2018.

The average U.S. rig count for November 2019 was 810, down 38 from the 848 counted in October 2019, and down 267 from the 1,077 counted in November 2018. The average Canadian rig count for November 2019 was 136, down 9 from the 145 counted in October 2019, and down 62 from the 198 counted in November 2018.

The worldwide rig count for November 2019 was 2,042, down 81 from the 2,123 counted in October 2019, and down 224 from the 2,266 counted in November 2018.

November 2019 Rig Counts

November 2019

   

October 2019

 

November 2018

 
Land Offshore Total   Month
Variance
  Land Offshore Total   Land Offshore Total  
         
Latin America

161

35

196

 

7

 

159

30

189

 

161

28

189

 
Europe

104

43

147

 

-28

 

133

42

175

 

56

27

83

 
Africa

89

27

116

 

0

 

93

23

116

 

87

16

103

 
Middle East

364

53

417

 

-7

 

368

56

424

 

344

50

394

 
Asia Pacific

131

89

220

 

-6

 

135

91

226

 

137

85

222

 
International

849

247

1,096

 

-34

 

888

242

1,130

 

785

206

991

 
         
United States

788

22

810

 

-38

 

825

23

848

 

1,055

22

1,077

 
Canada

134

2

136

 

-9

 

143

2

145

 

196

2

198

 
North America

922

24

946

 

-47

 

968

25

993

 

1,251

24

1,275

 
         
Worldwide

1,771

271

2,042

 

-81

 

1,856

267

2,123

 

2,036

230

2,266

 
         

See note to editor at the bottom of this press release.

About the Baker Hughes Rig Counts

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.

The North American rig count is scheduled to be released at noon Central Time on the last working day of each week. The international rig count is scheduled to be released on the fifth working day of the month at 5:00 a.m. Central Time. Additional detailed information on the Baker Hughes rig counts is available on our website.

About Baker Hughes:

Baker Hughes (NYSE: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and with operations in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. Visit us at bakerhughes.com

Note to editor: As of June 07, 2019, Ukraine was added to the Baker Hughes International Rig Count report and is reflected in the Europe count. This addition is not reflected in historical data.

Source: Baker Hughes Company

Media Relations
Melanie Kania, +1 713-439-8303
melanie.kania@bakerhughes.com

Investor Relations
Jud Bailey, +1 281-809-9088
investor.relations@bakerhughes.com