Baker Hughes: Rig Counts - June 2019 - eng

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Baker Hughes, a GE company (NYSE:BHGE) announced today that the Baker Hughes international rig count for June 2019 was 1,138, up 12 from the 1,126 counted in May 2019, and up 179 from the 959 counted in June 2018. The international offshore rig count for June 2019 was 246, up 6 from the 240 counted in May 2019, and up 51 from the 195 counted in June 2018.

The average U.S. rig count for June 2019 was 969, down 17 from the 986 counted in May 2019, and down 87 from the 1,056 counted in June 2018. The average Canadian rig count for June 2019 was 114, up 44 from the 70 counted in May 2019, and down 23 from the 137 counted in June 2018.

The worldwide rig count for June 2019 was 2,221, up 39 from the 2,182 counted in May 2019, and up 69 from the 2,152 counted in June 2018.

June 2019 Rig Counts

See note to editor at the bottom of this press release.

About the Baker Hughes Rig Counts

The Baker Hughes rig counts are counts of the number of drilling rigs actively exploring for or developing oil or natural gas in the U.S., Canada and international markets. The company has issued the rig counts as a service to the petroleum industry since 1944, when Hughes Tool Company began weekly counts of the U.S. and Canadian drilling activity. The monthly international rig count was initiated in 1975.