The international offshore rig count for December 2016 was down both sequentially and year over year.
According to reports on Monday by the oilfield services provider Baker Hughes, the international offshore rig count for December 2016 was 210, down 1 from the 211 counted in November 2016 , and down 40 from the 250 counted in December 2015.
The total, international rig count for December 2016 was 929, up 4 from the 925 counted in November 2016, and down 166 from the 1,095 counted in December 2015.
The average U.S. rig count for December 2016 was 634, up 54 from the 580 counted in November 2016, and down 80 from the 714 counted in December 2015.
The average Canadian rig count for December 2016 was 209, up 36 from the 173 counted in November 2016, and up 49 from the 160 counted in December 2015.
The worldwide rig count for December 2016 was 1,772, up 94 from the 1,678 counted in November 2016, and down 197 from the 1,969 counted in December 2015.
The worldwide offshore rig count for December 2016 was 235, unchanged from November 2016, and down 39 from the 274 counted in December 2015.