Baker Hughes Announces August 2020 Rig Counts
04 September 2020 - 12:00PM
Business Wire
Baker Hughes (NYSE: BKR) announced today that the Baker Hughes
international rig count for August 2020 was 747 up 4 from the 743
counted in July 2020, and down 391 from the 1,138 counted in August
2019. The international offshore rig count for August 2020 was 184,
up 1 from the 183 counted in July 2020, and down 60 from the 244
counted in August 2019.
The average U.S. rig count for August 2020 was 250, down 5 from
the 255 counted in July 2020, and down 679 from the 926 counted in
August 2019. The average Canadian rig count for August 2020 was 53,
up 21 from the 32 counted in July 2020, and down 89 from the 142
counted in August 2019.
The worldwide rig count for August 2020 was 1,050, up 20 from
the 1,030 counted in July 2020, and down 1,156 from the 2,206
counted in August 2019.
August 2020 Rig Counts
August 2020
July 2020
August 2019
Land
Offshore Total
MonthVariance Land
Offshore Total
Land Offshore Total
Latin
America
45
30
75
1
43
31
74
164
30
194
Europe
84
25
109
4
82
23
105
142
51
193
Africa
60
2
62
6
55
1
56
97
18
115
Middle East
262
39
301
-14
277
38
315
363
53
416
Asia Pacific
112
88
200
7
103
90
193
128
92
220
International
563
184
747
4
560
183
743
894
244
1,138
United
States
237
13
250
-5
243
12
255
900
26
926
Canada
51
2
53
21
31
1
32
139
3
142
North America
288
15
303
16
274
13
287
1,039
29
1,068
Worldwide
851
199
1,050
20
834
196
1,030
1,933
273
2,206
Beginning September 2020, the monthly international rig count
will be distributed using the same email alert-based subscription
system as the weekly North America rig count. A monthly press
release will no longer be distributed following today’s August 2020
rig count. The subscription system is available free-of-charge and
is available by clicking here to join on the rig count website.
About the Baker Hughes Rig Counts
The Baker Hughes 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. The Company has issued the
rig counts as a service to the petroleum industry since 1944, when
Hughes Tool Company began weekly counts of the U.S. and Canadian
drilling activity. The monthly international rig count was
initiated in 1975.
The North American rig count is scheduled to be released at noon
Central Time on the last working day of each week. The
international rig count is scheduled to be released on the last
working day of the first week of the month at 5:00 a.m. Central
Time. Additional detailed information on the Baker Hughes rig
counts is available on our rig count site.
About Baker Hughes:
Baker Hughes (NYSE: BKR) is an energy technology company that
provides solutions to energy and industrial customers worldwide.
Built on a century of experience and with operations in over 120
countries, our innovative technologies and services are taking
energy forward – making it safer, cleaner and more efficient for
people and the planet. Visit us at bakerhughes.com
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version on businesswire.com: https://www.businesswire.com/news/home/20200904005008/en/
Investor Relations Jud Bailey +1 281-809-9088
investor.relations@bakerhughes.com
Media Relations Thomas Millas +1 910-515-7873
Thomas.millas@bakerhughes.com
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