Baker Hughes announces December 2015 rig counts

Source: Baker Hughes

The average U.S. rig count for December 2015 was 714, down 46 from the 760 counted in November 2015, and down 1,168 from the 1,882 counted in December 2014.

Baker Hughes Incorporated announced that the international rig count for December 2015 was 1,095, down 14 from the 1,109 counted in November 2015, and down 218 from the 1,313 counted in December 2014. The international offshore rig count for December 2015 was 250, down 9 from the 259 counted in November 2015, and down 88 from the 338 counted in December 2014.

The average U.S. rig count for December 2015 was 714, down 46 from the 760 counted in November 2015, and down 1,168 from the 1,882 counted in December 2014. The average Canadian rig count for December 2015 was 160, down 18 from the 178 counted inNovember 2015, and down 215 from the 375 counted in December 2014.

The worldwide rig count for December 2015 was 1,969, down 78 from the 2,047 counted in November 2015, and down 1,601 from the 3,570 counted in December 2014.

The Baker Hughes Rotary 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. Baker Hughes has issued the rotary 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. Baker Hughes initiated the monthly international rig count in 1975.

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