Baker Hughes reports May rig counts

Baker Hughes Inc. (NYSE: BHI) says that the international rig count for May was 1,158, down 44 from the 1,202 counted in April, and down 192 from the 1,350 counted in May 2014. The international offshore rig count for May was 284, down 16 from the 300 counted in April, and down 42 from the 326 counted in May 2014.

The average US rig count for May was 889, down 87 from the 976 counted in April, and down 970 from the 1,859 counted in May 2014. The average Canadian rig count for May was 80, down 10 from the 90 counted in April, and down 82 from the 162 counted in May 2014.

The worldwide rig count for May was 2,127, down 141 from the 2,268 counted in April, and down 1,244 from the 3,371 counted in May 2014.

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