OPERATIONS

Baker Hughes rig count shows offshore activity on the rise

Australian rigs rise for another month

Baker Hughes rig count shows offshore activity on the rise

 

The international offshore rig count, excluding the US and Canada, was 255 in July, up nine from the 246 counted last month.

This saw the total international rig count, including onshore, rise by 165 units to 1,162.

Last month followed strong results in June, and again the Asia Pacific region had the highest number of offshore rigs in July totalling 94, up three on this time last year.

According to Baker Hughes' worldwide rig count, there were a total 2,238 onshore and offshore rigs operating during July.

Of the total active rigs, the US led the way with 955 rigs mobilised or operating. The Asia Pacific region had 226 rigs working.

Australia was up by one rig in July, from 27 operating rigs to 28, the highest level of rig utilisation since before 2012.

Of these 25 were onshore and three were offshore.

New Zealand has just two rigs in operation.

 

 

 

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry