Baker Hughes Rig Count, Board Members, and Innovation Update

Published: Mon, 11/07/22

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IADD Board of Directors

Jonathan Lightfoot

Jonathan is a Principal & Sr. Drilling Engineering Consultant at Oxy. He has a Mechanical Engineering from Univ. of Louisiana Lafayette with over 24 years of directional drilling experience. Welcome to the team!

Graham Mensa-Wilmot

Graham is a is Drilling Engineering Technical Director at XCIDrill Technology. He has more than 36 years experience in various aspects of drilling. Thank you for being a part of our board of directors!

Join us for the IADD Annual Sporting Clays Tournament on Friday, December 2nd. The event will last all day, from 7:30 am to 2:00 pm. We hope to see you there!

Save the date for a Mud Motor Topical Forum coming up in late January! Stay tuned for more details, and we hope to see you there!

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Baker Hughes Rig Count

For last week:

U.S. Rig Count is up 2 from last week to 770 with oil rigs up 3 to 613, gas rigs down 1 to 155, and miscellaneous rigs unchanged at 2.
U.S. Rig Count is up 220 rigs from last year’s count of 550 with oil rigs up 163, gas rigs up 55, and miscellaneous up 2.
U.S. Offshore Rig Count is unchanged at 14, up 1 year-over-year.

For last month:

International Rig Count is up 32 rigs from last month to 911 with land rigs up 28 to 688, offshore rights up 4 to 223.
The average U.S. Rig Count for October was 768 up 5 from last month’s count of 763 and up 230 year-over-year.
The Worldwide Rig Count for October was 1,893, up 40 from the 1,853 counted in September 2022, and up 389 from the 1,504 counted in October 2021.

Additional information on the Baker-Hughes Rig Count is available on their website, at https://bakerhughes.com/rig-count-overview.