BHGE notes decline in international offshore rig count

An offshore rig; Source: Pixabay – under CCO Creative Commons license

The international offshore rig count for June 2018 decreased sequentially and year-over-year, according to a monthly rig count report issued on Monday by Baker Hughes, a GE company.

The international rig count for June 2018, including onshore and offshore rigs, was 959, down 8 from the 967 counted in May 2018, and down 1 from the 960 counted in June 2017.

The international offshore rig count for June 2018 was 195, down 3 from the 198 counted in May 2018, and down 2 from the 197 counted in June 2017.

The average U.S. rig count for June 2018 was 1,056, up 10 from the 1,046 counted in May 2018, and up 125 from the 931 counted in June 2017.

The average Canadian rig count for June 2018 was 137, up 54 from the 83 counted in May 2018, and down 13 from the 150 counted in June 2017.

The worldwide rig count for June 2018 was 2,152, up 56 from the 2,096 counted in May 2018, and up 111 from the 2,041 counted in June 2017.

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