The international offshore rig count for May dropped by four units when compared to the same period last year, according to a monthly rig count report issued on Thursday by Baker Hughes, a GE company.
The international rig count for May 2018 was 967, down 11 from the 978 counted in April 2018, and up 10 from the 957 counted in May 2017.
The international offshore rig count for May 2018 was 198, up 4 from the 194 counted in April 2018, and down 4 from the 202 counted in May 2017.
The average U.S. rig count for May 2018 was 1,046, up 35 from the 1,011 counted in April 2018, and up 153 from the 893 counted in May 2017.
The average Canadian rig count for May 2018 was 83, down 15 from the 98 counted in April 2018, and down 2 from the 85 counted in May 2017.
The worldwide rig count for May 2018 was 2,096, up 9 from the 2,087 counted in April 2018, and up 161 from the 1,935 counted in May 2017.