Baker Hughes: Average April U.S. Rig Count Down 55% Year/Year



Baker Hughes announced that the international rig count for April 2016 was 946, down 39 from the 985 counted in March 2016, and down 256 or 21.3% from the 1,202 counted in April 2015. The international offshore rig count for April 2016 was 220, up nine from the 211 counted in March 2016, and down 80 or 26.6% from the 300 counted in April 2015.

The average U.S. rig count for April 2016 was 437, down 41 from the 478 counted in March 2016, and down 539 or 55.2% from the 976 counted in April 2015.

The average Canadian rig count for April 2016 was 41, down 47 from the 88 counted in March 2016, and down 49 from the 90 counted in April 2015.

The worldwide rig count for April 2016 was 1,424, down 127 from the 1,551 counted in March 2016, and down 844 from the 2,268 counted in April 2015

The Baker Hughes Rotary 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.


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