The Latest IADD News and Baker Hughes Rig Count

Published: Thu, 11/17/22

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Baker Hughes Rig Count

For last week:

U.S. Rig Count is up 9 from last week to 779 with oil rigs up 9 to 622, gas rigs unchanged at 155, and miscellaneous rigs unchanged at 2.
U.S. Rig Count is up 223 rigs from last year’s count of 556 with oil rigs up 168, gas rigs up 53, and miscellaneous up 2.
U.S. Offshore Rig Count is up 3 to 17, up 2 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.

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