Baker Hughes: Average June U.S. Rig Count Down 52% Year/Year
Baker Hughes said the average U.S. rig count for June 2016 was 417, down 444 or 52% from the 861 counted in June 2015.
Baker Hughes said the average U.S. rig count for June 2016 was 417, down 444 or 52% from the 861 counted in June 2015.
Baker Hughes reported the average U.S. rig count for February 2016 was 532, down 816 or 61% from the 1,348 counted in February 2015. The worldwide rig count for February was down 41% year/year.
Baker Hughes announced the international rig count for December was 1,095, down 16.6% from the 1,313 counted a year earlier. The average U.S. rig count took a bigger hit, falling 62% from 1,882 in December 2014 to 714 in December 2015.
Baker Hughes announced the average U.S. rig count for November 2015 was 760, down 60.5% from 1,925 counted in November 2014.
The average U.S. rig count for August was 883, up 17 from the 866 counted in July, and down 1,021 from the 1,904 counted in August of 2014. The worldwide rig count for August was down 39% year-over-year.