OREANDA-NEWS. Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for June 2016 was 927 down 28 from the 955 counted in May 2016, and down 219 from the 1,146 counted in June 2015. The international offshore rig count for June 2016 was 223, down 6 from the 229 counted in May 2016, and down 54 from the 277 counted in June 2015.

The average U.S. rig count for June 2016 was 417, up 9 from the 408 counted in May 2016, and down 444 from the 861 counted in June 2015. The average Canadian rig count for June 2016 was 63, up 21 from the 42 counted in May 2016, and down 66 from the 129 counted in June 2015.

The worldwide rig count for June 2016 was 1,407, up 2 from the 1,405 counted in May 2016, and down 729 from the 2,136 counted in June 2015.

June 2016 Rotary Rig Counts

                               
     

June 2016

             

May 2016

     

June 2015

      Land   Offshore   Total       Month Variance       Land   Offshore   Total       Land   Offshore   Total
                                                       
Latin America     147   31   178       -10       158   30   188       252   62   314
Europe     52   39   91       -4       53   42   95       65   48   113
Africa     68   19   87       -4       71   20   91       74   29   103
Middle East     341   48   389       -2       340   51   391       352   49   401
Asia Pacific     96   86   182       -8       104   86   190       126   89   215
International     704   223   927       -28       726   229   955       869   277   1,146
                                                       
United States     396   21   417       9       384   24   408       833   28   861
Canada     63   0   63       21       40   2   42       125   4   129
North America     459   21   480       30       424   26   450       958   32   990
                                                       
Worldwide     1,163   244   1,407       2       1,150   255   1,405       1,827   309   2,136
                                                       

 

About the Baker Hughes Rig Counts

The Baker Hughes Rotary Rig Counts are counts of the number of drilling rigs actively exploring for or developing oil or natural gas in the U.S., Canada and international markets. Baker Hughes has issued the rotary rig counts as a service to the petroleum industry since 1944, whenHughes Tool Company began weekly counts of the U.S. and Canadian drilling activity. Baker Hughes initiated the monthly international rig count in 1975.