Baker Hughes: International rig count up 8 units in December

Jan. 8, 2020
The international rig count for December 2019 reached 1,104, an increase of 8 units from November 2019 and up 79 units from the 1,025 counted in December 2018, according to Baker Hughes data.

The international rig count for December 2019 reached 1,104, an increase of 8 units from November 2019 and up 79 units from the 1,025 counted in December 2018, according to Baker Hughes data (OGJ Online, Dec. 6, 2019).

The international offshore rig count for December 2019 was 257, up 10 units from November 2019, and up 23 units from December 2018.

The worldwide rig count for December 2019 was 2,043, up 1 unit from the 2,042 counted in November 2019, and down 201 units from the 2,244 counted in December 2018.

The average US rig count for December 2019 was 804, down 6 from the 810 counted in November 2019, and down 274 from the 1,078 counted in December 2018.

Europe was down 8 units with 139 in December and up 44 units year-over-year. Effective June 7, 2019, Ukraine has been added to the Baker Hughes International Rig Count.

Latin America is down 5 units from the previous month with 191 units and down 6 units year-over-year.

The Asia-Pacific region is up 6 with 226 units month-over-month and down 5 units from its year-ago average.

The Middle East is up 13 units month-over-month to 430 and up 36 units year-over-year.

The average Canadian rig count for December 2019 was 135, down 1 unit from the 136 counted in November 2019, and down 6 from the 141 counted in December 2018.