Market Overview

Baker Hughes Announces April 2017 Rig Counts

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Baker Hughes Incorporated (NYSE:BHI) announced today that the
international rig count for April 2017 was 956, up 13 from the 943
counted in March 2017, and up 10 from the 946 counted in April 2016. The
international offshore rig count for April 2017 was 201, up 4 from the
197 counted in March 2017, and down 19 from the 220 counted in April
2016.

The average U.S. rig count for April 2017 was 853, up 64 from the 789
counted in March 2017, and up 416 from the 437 counted in April 2016.
The average Canadian rig count for April 2017 was 108, down 145 from the
253 counted in March 2017, and up 67 from the 41 counted in April 2016.

The worldwide rig count for April 2017 was 1,917, down 68 from the 1,985
counted in March 2017, and up 493 from the 1,424 counted in April 2016.

                                       

April 2017 Rotary Rig Counts

 
April 2017 March 2017 April 2016

 

 

 

Month

 

 

 

 

 

 

     

Land

   

Offshore

   

Total

    Variance    

Land

   

Offshore

   

Total

   

Land

   

Offshore

   

Total

 
Latin America 150 32 182 -3 150 35 185 167 36 203
Europe 60 31 91 -3 63 31 94 54 36 90
Africa 76 13 89 9 70 10 80 70 20 90
Middle East 344 45 389 3 341 45 386 330 54 384
Asia Pacific 125     80     205 7 122     76     198 105     74     179
International 755 201 956 13
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