October 2021 Rig Counts from Baker Hughes

Source: press release, 5 November 2021

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 posted its monthly International Rig Count reports.

International Rig Count is up 13 rigs from last month to 800 with land rigs up 21 to 621, offshore rigs down 8 to 179.

International Rig Count is up 144 rigs from last year’s count of 656, with land rigs up 119, offshore rigs up 25.

The average US Rig Count for October was 538 up 30 from last month’s count of 508 and up 258 year-over-year.

The average Canada Rig Count for October was 166 up 13 from last month’s count of 153 and up 86 year-over-year.

The Worldwide Rig Count for October was 1,504, up 56 from the 1,448 counted in September 2021, and up 488 from the 1,016 counted in October 2020.

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