More Industry News and Baker Hughes Rig Count

Published: Mon, 11/21/22

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Baker Hughes Rig Count

For last week:

U.S. Rig Count is up 3 from last week to 782 with oil rigs up 1 to 623, gas rigs up 2 to 157, and miscellaneous rigs unchanged at 2.
U.S. Rig Count is up 219 rigs from last year’s count of 563 with oil rigs up 162, gas rigs up 55, and miscellaneous up 2.
U.S. Offshore Rig Count is unchanged at 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.