International offshore rig count sinks in January

  • Exploration & Production

The international offshore rig count for the first month of the year was down both sequentially and year over year, according to rig count reports by the oilfield services provider Baker Hughes. 

Baker Hughes’ report shows that the international offshore rig count for January 2017 was 206, down 4 from the 210 counted in December 2016, and down 36 from the 242 counted in January 2016.

Furthermore, the report shows that the international rig count for January 2017, which includes land and offshore units, was 933, up 4 from the 929 counted in December 2016, and down 112 from the 1,045 counted in January 2016.

The average U.S. rig count for January 2017 was 683, up 49 from the 634 counted in December 2016, and up 29 from the 654 counted in January 2016.

The average Canadian rig count for January 2017 was 302, up 93 from the 209 counted in December 2016, and up 110 from the 192 counted in January 2016.

The worldwide rig count for January 2017 was 1,918, up 146 from the 1,772 counted in December 2016, and up 27 from the 1,891 counted in January 2016.

The worldwide offshore rig count for January 2017 was 231, down 4 from 235 counted in December 2016, and down 40 from the 271 counted in January 2016.

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