November 2020 Rig Counts from Baker Hughes

Source: press release, 4 December 2020

International rig counts from Baker Hughes
Baker Hughes has issued rig counts as a service to the petroleum industry since 1944, when Hughes Tool Company began weekly counts of the US and Canadian drilling activity (photo: Baker Hughes)

Baker Hughes has announced that the Baker Hughes international rig count for November 2020 is up 13 rigs from last month to 669 with land rigs up 7 to 509, offshore rigs up 6 to 160.

International. Rig Count is down 427 rigs from last year’s count of 1,096, with land rigs down 340, offshore rigs down 87.

The average U.S. Rig Count for November was 310 up 30 from last month’s count of 280 and down 500 year-over-year.

The average Canada Rig Count for November was 95 up 15 from last month’s count of 80 and down 41 year-over-year.

The Worldwide Rig Count for November was 1,074, up 58 from the 1,016 counted in October 2020, and down 968 from the 2,042 counted in November 2019.

Additional detailed information on the Baker Hughes rig counts is available here.