HOUSTON & LONDON--(BUSINESS WIRE)-- Baker Hughes, a GE company (NYSE: BHGE) announced today that the Baker Hughes international rig count for April 2018 was 978, up 6 from the 972 counted in March 2018, and up 22 from the 956 counted in April 2017. The international offshore rig count for April 2018 was 194 up 6 from the 185 counted in March 2018, and down 7 from the 201 counted in April 2017.

The average U.S. rig count for April 2018 was 1,011, up 22 from the 989 counted in March 2018, and up 158 from the 853 counted in April 2017. The average Canadian rig count for April 2018 was 98, down 120 from the 218 counted in March 2018, and down 10 from the 108 counted in April 2017.

The worldwide rig count for April 2018 was 2,087, down 92 from the 2,279 counted in March 2018, and up 170 from the 1,917 counted in April 2017.

April 2018 Rig Counts
						April 2018												March 2018									April 2017
						Land			Offshore			Total			Month Variance			Land			Offshore			Total			Land			Offshore			Total
Latin America						163			26			189			-4			167			26			193			150			32			182
Europe						54			34			88			-1			56			33			89			60			31			91
Africa						79			15			94			5			78			11			89			76			13			89
Middle East						355			43			398			1			353			44			397			344			45			389
Asia Pacific						133			76			209			5			133			71			204			125			80			205
International						784			194			978			6			787			185			972			755			201			956
United States						995			16			1,011			22			976			13			989			833			20			853
Canada						95			3			98			-120			215			3			218			108			0			108
North America						1,090			19			1,109			-98			1,191			16			1,207			941			20			961
Worldwide						1,874			213			2,087			-92			1,978			201			2,179			1,696			221			1,917

About the Baker Hughes Rig Counts

The Baker Hughes rig counts are counts of the number of drilling rigs actively exploring for or developing oil or natural gas in the U.S., Canada and international markets. The company has issued the rig counts as a service to the petroleum industry since 1944, when Hughes Tool Company began weekly counts of the U.S. and Canadian drilling activity. The monthly international rig count was initiated in 1975.

The North American rig count is scheduled to be released at noon Central Time on the last working day of each week. The international rig count is scheduled to be released on the fifth working day of the month at 5:00 a.m. Central Time. Additional detailed information on the Baker Hughes rig counts is available from our website.

About Baker Hughes, a GE company

Baker Hughes, a GE company (NYSE: BHGE) is the world’s first and only fullstream provider of integrated oilfield products, services and digital solutions. We deploy minds and machines to enhance customer productivity, safety and environmental stewardship, while minimizing costs and risks at every step of the energy value chain. With operations in over 120 countries, we infuse over a century of experience with the spirit of a startup – inventing smarter ways to bring energy to the world.

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Baker Hughes, a GE company

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Source: Baker Hughes, a GE company (BHGE)

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