Tag Archives: petroleum industry

Rig Count Overview & Summary Count

Baker Hughes has issued the rotary rig counts as a service to the petroleum industry since 1944, when Hughes Tool Company began weekly counts of U.S. and Canadian drilling activity. Hughes initiated the monthly international rig count in 1975. The North American rig count is released weekly at noon central time on the last day […]

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2017: ‘The Permian’s year’ Oil workers anticipate continued recovery in standout region

    Around February, when oil prices bottomed at about $26 a barrel, Silverado Contracting on Highway 385 found themselves with less than half the 20 workers who turned dirt during the boom. Kevin Shifflet, the yard manager for the company on Highway 385, said they struggled to find 40 hours worth of work in […]

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Baker Hughes Announces July 2012 Rig Counts

HOUSTON, Aug. 7, 2012 /PRNewswire/ — Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for July 2012 was 1,264, down 21 from the 1,285 counted in June 2012, and up 114 from the 1,150 counted in July 2011. The international offshore rig count for July 2012 was 286, down 19 from the 305 […]

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