The worldwide offshore rig count in January 2019 increased by 50 units sequentially and 50 rigs year-over-year, according to a report by Baker Hughes, a GE company, that was published on February 7. The worldwide offshore rig count in January 2019 increased by five units. The worldwide offshore rig count in January 2019 was 265, up 5 from 260 counted in December 2018, and up 50 from the 215 counted in January 2018.
Specifically:
- The international offshore rig count for January 2019 was 241, up 7 from the 234 counted in December 2018, and up 45 from the 196 counted in January 2018.
Concerning regions:
- The rig count in Latin America lost one rig during January 2019 totalling 26 from 27 in December 2018 and remained flat compared to January 2018.
- In Europe it was 31, down 7 from 38 in December 2018 and up 4 rigs from January 2018.
- In Africa, the offshore rig count was up by 5 rigs totalling 20 and 9 units more from January 2018 which totalled 11 rigs.
- In the Middle East region, it totalled 63 rigs, up 7 rigs from December 2018 and up 22 units from January 2018.
- The Asia-Pacific region had the largest number of offshore rigs which totalled 101 in January 2019, up 3 rigs from December 2018 and up 10 rigs from January 2018.
- In North America, there were 24 rigs in January 2019, down 2 from December 2018 and up 5 from January 2018.