Baker Hughes, a GE company Announces September 2019 Rig Counts

October 7, 2019 at 6:00 AM EDT

HOUSTON & LONDON--(BUSINESS WIRE)--Oct. 7, 2019-- Baker Hughes, a GE company (NYSE:BHGE) announced today that the Baker Hughes international rig count for September 2019 was 1,131, down 7 from the 1,138 counted in August 2019, and up 127 from the 1,004 counted in September 2018. The international offshore rig count for September 2019 was 242, down 2 from the 244 counted in August 2019, and up 38 from the 204 counted in September 2018

The average U.S. rig count for September 2019 was 878, down 48 from the 926 counted in August 2019, and down 175 from the 1,053 counted in September 2018. The average Canadian rig count for September 2019 was 132, down 10 from the 142 counted in August 2019, and down 69 from the 201 counted in September 2018.

The worldwide rig count for September 2019 was 2,141, down 65 from the 2,206 counted in August 2019, and down 117 from the 2,258 counted in September 2018.

September 2019 Rig Counts

     

 September 2019 

       

 August 2019 

   

 September 2018 

 

 

     

 Land 

   

 Offshore 

   

 Total 

   

 Month
Variance
 

   

 Land 

   

 Offshore 

   

 Total 

   

 Land 

   

 Offshore 

   

 Total 

 
                                           
Latin America    

158

   

31

   

189

   

-5

   

164

   

30

   

194

   

167

   

25

   

192

 
Europe    

134

   

42

   

176

   

-17

   

142

   

51

   

193

   

56

   

30

   

86

 
Africa    

94

   

21

   

115

   

0

   

97

   

18

   

115

   

90

   

19

   

109

 
Middle East    

370

   

55

   

425

   

9

   

363

   

53

   

416

   

347

   

48

   

395

 
Asia Pacific    

133

   

93

   

226

   

6

   

128

   

92

   

220

   

140

   

82

   

222

 
International    

 889 

   

 242 

   

 1,131 

   

 -7 

   

 894 

   

 244 

   

 1,138 

   

 800 

   

 204 

   

 1,004 

 
                                           
United States    

852

   

26

   

878

   

-48

   

900

   

26

   

926

   

1,033

   

20

   

1,053

 
Canada    

131

   

1

   

132

   

-10

   

139

   

3

   

142

   

199

   

2

   

201

 
North America    

 983 

   

 27 

   

 1,010 

   

 -58 

   

 1,039 

   

 29 

   

 1,068 

   

 1,232 

   

 22 

   

 1,254 

 
                                           
Worldwide    

 1,872 

   

 269 

   

 2,141 

   

 -65 

   

 1,933 

   

 273 

   

 2,206 

   

 2,032 

   

 226 

   

 2,258 

 
                                           
 

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, a GE company 

Baker Hughes, a GE company (NYSE: BHGE) is the world’s first and only fullstream provider of integrated oilfield products, services and digital solutions. We deploy minds and machines to enhance customer productivity, safety and environmental stewardship, while minimizing costs and risks at every step of the energy value chain. With operations in over 120 countries, we infuse over a century of experience with the spirit of a startup – inventing smarter ways to bring energy to the world.

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20191007005248/en/

Source: Baker Hughes, a GE company (BHGE)

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

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