Global drilling rig counts increase in January 2010

According to a report from Baker Hughes Incorporated (BHI), the international oil and gas drilling rig count for January 2010 increased.

The number of land rigs drilling internationally in January 2010 was 1,047, an increase of 23 rigs from the previous month. Additionally, the January 2010 rig count was an increase of three from the number of land rigs working in January 2009.

Furthermore, the number of international offshore drilling rigs also increased. According to Baker Hughes, the number of offshore rigs working in waters worldwide in January 2010 was 288, an increase of seven from last month and an increase of nine from January of 2009.

The number of land rigs working in the US increased from the previous month in January 2010 by 95 to 1,267 rigs; yet it was a decrease of 286 rigs in comparison to January 2009. Also in North America, the number of Canadian land rigs employed in January 2010 was 459, which is a jump of 146 rigs from the previous month and an increase of 82 rigs from the same time last year.

The worldwide rig count was 2,773 for January 2010, which is an increase of 264 rigs from the previous month and a decrease of 201 rigs from January 2009.

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