Baker Hughes, a GE company, published its results on the worldwide offshore rig count in June 2019. According to the company, the counts decreased by 9 units in June, in comparison to May’s results. Yet, June 2019 was increased by 56 compared to June 2018.
Specifically, Baker Hughes divides its rig counts into: International and North America rig counts, which both make the worldwide rig count.
- The worldwide offshore rig count for June 2019 was 273, down 9 from 264 in May 2019 and up 56 from 217 in June 2018.
- The international rig count for June 2019 was 1,138, up 12 from the 1,126 counted in May 2019, and up 179 from the 959 counted in June 2018.
- The international offshore rig count for June 2019 was 246, up 6 from the 240 counted in May 2019, and up 51 from the 195 counted in June 2018.
Concerning regions, Asia Pacific had the highest number of offshore rigs in June, achieving the 95, increased by 5 rigs in comparison to May 2019, and up 11 from 79 in May 2018.
The Middle East came second as its offshore rigs during June were 54, remaining stable from May 2019 and up 12 from 42 counted in June 2018.
Third came Europe with 49, then Latin America with 27, and finally Africa with 21 offshore rigs in June 2019.
North American offshore rigs in June 2019, accounted for 27, increased by 3 rigs from May and 5 from 22, when compared to June 2018.
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The average US rig count for June 2019 was 969, down 17 from the 986 counted in May 2019, and down 87 from the 1,056 counted in June 2018
The average Canadian rig count for June 2019 was 114, up 44 from the 70 counted in May 2019, and down 23 from the 137 counted in June 2018.
The worldwide rig count for June 2019 was 2,221, up 39 from the 2,182 counted in May 2019, and up 69 from the 2,152 counted in June 2018.
