According to the most recent data from Baker Hughes, international rig count for November was 925, up five from the number counted in October but down 184 compared to November 2015. read more

DEC 29, 2016 - 6:25 am

Baker Hughes announced the average U.S. rig count for April 2016 was 437, down 55.2% from the 976 counted in April 2015. The worldwide rig count for April of 1,424 was down 37.2% from the 2,268 counted a year earlier. read more

MAY 16, 2016 - 6:55 am

Baker Hughes reported the average U.S. rig count for February 2016 was 532, down 816 or 61% from the 1,348 counted in February 2015. The worldwide rig count for February was down 41% year/year. read more

MAR 10, 2016 - 6:53 am

Baker Hughes announced the international rig count for December was 1,095, down 16.6% from the 1,313 counted a year earlier. The average U.S. rig count took a bigger hit, falling 62% from 1,882 in December 2014 to 714 in December 2015. read more

JAN 19, 2016 - 8:06 am

Oil rig counts in the U.S. dropped by 4% this week, with 524 counted as of December 11, according to Baker Hughes. There were 545 oil rigs counted as of December 4, making for a loss of 21 during the course of the week and driving the count to its lowest level since April 30, 2010, according to Business Insider. read more

DEC 14, 2015 - 7:10 am

Baker Hughes announced the average U.S. rig count for November 2015 was 760, down 60.5% from 1,925 counted in November 2014. read more

DEC 7, 2015 - 7:20 am

According to Baker Hughes, the average U.S. rig count for August was 883, up 17 from the 866 counted in July, and down 1,021 from the 1,904 counted in August of 2014. The worldwide rig count for August was down 39% year-over-year. read more

SEP 14, 2015 - 6:24 am

Baker Hughes announced the average U.S. rig count for July 2015 was 866, down 54% from the 1,876 counted in July 2014. read more

AUG 10, 2015 - 7:48 am

Correction: This morning we reported according to Baker Hughes that the latest rig count for the week ending May 29, 2015 was 875, down 113% from 1,866 a year earlier. The correct percentage should have been 53%, not 113%. Monitordaily regrets this error. read more

JUN 1, 2015 - 7:48 am

Baker Hughes reported that the rig count in the U.S. as of March 13, 2015 was 1,125 active rigs, down 684, or 38%, from the same date one year ago. Canada’s rig count over the same 30-day period was down 58%. read more

MAR 16, 2015 - 7:14 am