The international offshore rig count for January 2016 was down both sequentially and year over year, according to a report by Baker Hughes, an oilfield services provider.
The international offshore rig count for January 2016 was 242, down 8 from the 250 counted in December 2015, and down 72 from the 314 counted in January 2015.
The international rig count for January 2016 was 1,045, down 50 from the 1,095 counted in December 2015, and down 213 from the 1,258 counted in January 2015.
United States & Canada
The average U.S. rig count for January 2016 was 654, down 60 from the 714 counted in December 2015, and down 1,029 from the 1,683 counted in January 2015.
The average Canadian rig count for January 2016 was 192, up 32 fom the 160 counted in December 2015, and down 176 from the 368 counted in January 2015.
Worldwide
The worldwide offshore rig count for January 2016 was 271, down 3 from the 274 counted in December 2015, and down 99 from the 370 counted in January 2015.
The worldwide rig count for January 2016 was 1,891, down 78 from the 1,969 counted in December 2015, and down 1,418 from the 3,309 counted in January 2015.