energyme.com :: news + energy + technology
     
  The Tuesday Letter
Subscribe
Submit Articles
Feedback
Search
Advertise
Events
Product Reviews
Monthly Edition
Energy Archive
 
     
  Press Releases  
  Send press releases to richard@energyme.com  
     
     
     
     
     
   
     
     
 

ENERGY NEWS

 
     
 

Baker Hughes February 2006 rig counts

Posted: 7 March 2006

Baker Hughes Incorporated reported that the international rig count for February 2006 was 885, down 20 from the 905 counted in January 2006, and up nine from the 876 counted in February 2005.

The international offshore rig count for February 2006 was 267, up four from the 263 counted in January 2006 and up 14 from the 253 counted in February 2005.

Excluding Iran and Sudan, the international rig count for February 2006 was 885, down 20 from the 905 counted in January 2006, and up 70 from the 815 counted in February 2005.

The international offshore rig count for February 2006 was 267, up four from the 263 counted in January 2006 and up 23 from the 244 counted in February 2005.

The US rig count for February 2006 was 1,533 up 60 from the 1,473 counted in January 2006 and up 257 from the 1,276 counted in February 2005.

The Canadian rig count for February 2006 was 715, up 55 from the 660 counted in January 2005 and up 122 from the 593 counted in February 2005.

The worldwide rig count for February 2006 was 3,133 up 95 from the 3,038 counted in January 2006 and up 388 from the 2,745 counted in February 2005.

Excluding Iran and Sudan, the worldwide rig count for February 2006 was 3,133 up 95 from the 3,038 counted in January 2006 and up 449 from the 2,684 counted in February 2005.

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 United States, Canada and international markets.

Baker Hughes has issued the rotary rig counts as a service to the petroleum industry since 1944, when Hughes Tool Company began weekly counts of US and Canadian drilling activity.

Hughes initiated the monthly international rig count in 1975. In 1987, Baker Oil Tools began its monthly workover rig count.

 

 
     

The Tuesday Letter