International offshore rig count falling off

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Baker Hughes has reported that the international offshore rig count for October 2015 has declined year over year and gone up a bit when compared to September rig count. 

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Baker Hughes’ international rig count covers rigs from Latin America, Europe, Africa, Middle East and Asia Pacific.

According to Baker Hughes, the international offshore rig count for October 2015 was 270, down 56 from the 326 counted in October 2014, and up 2 from the 268 counted in September 2015.

The international rig count for October 2015 was 1,111, down 29 from the 1,140 counted in September 2015, and down 197 from the 1,308 counted in October 2014.

The average U.S. rig count for October 2015 was 791, down 57 from the 848 counted in September 2015, and down 1,134 from the 1,925 counted in October 2014.

The average Canadian rig count for October 2015 was 184, up 1 from the 183 counted in September 2015, and down 240 from the 424 counted in October 2014.

The worldwide rig count for October 2015 was 2,086, down 85 from the 2,171 counted in September 2015, and down 1,571 from the 3,657 counted in October 2014.

The worldwide offshore rig count for October 2015 was 304, down 79 from 383 counted in October last year, and up 2 from 302 counted in September 2015.

source: offshoreenergytoday.com

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