Baker Hughes Reports Y/Y and M/M Increases in December Rig Count



Baker Hughes reported the international rig count for December 2017 was 954, up 12 from the 942 counted in November 2017, and up 25 from the 929 counted in December 2016. The international offshore rig count for December 2017 was 191, up eight from the 183 counted in November 2017, and down 19 from the 210 counted in December 2016.

The average U.S. rig count for December 2017 was 930, up 19 from the 911 counted in November 2017, and up 296 from the 634 counted in December 2016. The average Canadian rig count for December 2017 was 205, up one from the 204 counted in November 2017, and down four from the 209 counted in December 2016.

The worldwide rig count for December 2017 was 2,089, up 32 from the 2,057 counted in November 2017, and up 317 from the 1,772 counted in December 2016.


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