International Rig Counts :: (As of: April 01, 2012)
For the period ending April 01, 2012 the total international rotary rig count was 1,178 down 14 rigs from the previous week. Compared to last year, there were an additional 27 rigs drilling for oil & gas, a net increase of 2.3 % year over year.
Rig Counts by Region
- The African Rig Count was down -10.11% this week, down 9 rigs from last week to 80 total rigs, representing an annualized change of -2.44%.
- The Asia/Pacific Rig Count was up 0.41% this week, up 1 rigs from last week to 245 total rigs, representing an annualized change of -3.92%.
- The European Rig Count was up 8.26% this week, up 9 rigs from last week to 118 total rigs, representing an annualized change of 7.27%.
- The Latin America Rig Count was down -3.42% this week, down 15 rigs from last week to 423 total rigs, representing an annualized change of 3.17%.
- The Middle East Rig Count was unchanged this week.
| Rotary Rig Counts | Change | Change % | |||||||
|---|---|---|---|---|---|---|---|---|---|
| 2012-04-01 | Week Ago | Year Ago | Weekly | Annual | Weekly | Annual | |||
| Africa | 80 | 89 | 82 | -9 | -2 | -10.11% | -2.44% | ||
| Asia/Pacific | 245 | 244 | 255 | 1 | -10 | 0.41% | -3.92% | ||
| Europe | 118 | 109 | 110 | 9 | 8 | 8.26% | 7.27% | ||
| Latin America | 423 | 438 | 410 | -15 | 13 | -3.42% | 3.17% | ||
| Middle East | 312 | 312 | 294 | 0 | 18 | 0.00% | 6.12% | ||
| Total | 1,178 | 1,192 | 1,151 | -14 | 27 | -1.17% | 2.35% | ||
- International rotary rig counts are updated mid-month for the preceeding month.
- Rotary Rig Count data is provided by and copyright:Baker Hughes, Inc.