Worldwide offshore rig count in October up 37 rigs year-over-year

The worldwide offshore rig count in October 2019 decreased by two units sequentially, but increased by 37 units year-over-year, according to reports by Baker Hughes Company. 

BHGE splits its rig counts into international and North America rig counts, which combined make the worldwide rig count.

Baker Hughes reported on Tuesday that the international rig count for October 2019 was 1,130, down 1 from the 1,131 counted in September 2019, and up 113 from the 1,017 counted in October 2018.

Continue reading

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.