International offshore rig count takes a hit

The international offshore rig count for December 2015 has dropped by 88 rigs when compared to the same period last year, according to a report by Baker Hughes, an oilfield services provider. 

The international offshore rig count for December 2015 was 250, down 9 from the 259 counted in November 2015, and down 88 from the 338 counted in December 2014.

The international rig count for December 2015, including both offshore and land rigs, was 1,095, down 14 from the 1,109 counted in November 2015, and down 218 from the 1,313 counted in December 2014.

The average U.S. rig count for December 2015 was 714, down 46 from the 760 counted in November 2015, and down 1,168 from the 1,882 counted in December 2014.

The average Canadian rig count for December 2015 was 160, down 18 from the 178 counted in November 2015, and down 215 from the 375 counted in December 2014.

The worldwide offshore rig count for December 2015 was 274, down 125 from the 399 counted in December 2014 and down 16 when compared to 219 counted in November 2015.

The worldwide rig count for December 2015 was 1,969, down 78 from the 2,047 counted in November 2015, and down 1,601 from the 3,570 counted in December 2014.