Baker Hughes Sept. Worldwide Rig Count Declines - Quick Facts

(RTTNews) - Oilfield services provider Baker Hughes Inc. (BHI) reported Friday that worldwide rig count for the month of September 2016 of 1,584 declined by 587 from last year's 2,171, but increased by 37 from the preceding month of August 2016.

International rig count for September 2016 was 934, down 206 from last year and down 3 from August. The international offshore rig count for the month was 221, down 47 from the same month last year.

The average U.S. rig count was 509, down 339 from last year, but up 28 from the month of August. The average Canadian rig count declined 42 from the previous year.

The Baker Hughes Rotary 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.