January’s worldwide offshore rig count drops sequentially, but up 2 rigs year-over-year

The worldwide offshore rig count in January 2020 has dropped by 14 units sequentially, but rose by two units year-over-year, according to a rig count report by Baker Hughes Company.

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

The international rig count for January 2020 was 1,078, down 26 from the 1,104 counted in December 2019, and up 54 from the 1,024 counted in January 2019.

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