Baker Hughes: Offshore rig count up by 16 in February

Baker Hughes Incorporated announced today that the international rig count for February 2014 was 1,341, up 16 from the 1,325 counted in January 2014, and up 66 from the 1,275 counted in February 2013.

The international offshore rig count for February 2014 was 318, up 16 from the 302 counted in January 2014, and down 5 from the 323 counted in February 2013.

The average U.S. rig count for February 2014 was 1,769, unchanged from the count in January 2014, and up 7 from the 1,762 counted in February 2013. The average Canadian rig count for February 2014 was 626, up 122 from the 504 counted in January 2014, and down 16 from the 642 counted in February 2013.

The worldwide rig count for February 2014 was 3,736, up 138 from the 3,598 counted in January 2014, and up 57 from the 3,679 counted in February 2013.

[mappress]

Press Release, March 07, 2014