The worldwide offshore rig rely in April 2020 dropped 28 rigs year-over-year and 19 rigs sequentially, in keeping with rig rely studies by Baker Hughes.

Baker Hughes
splits its rig counts into worldwide and North America rig counts, which
mixed make the worldwide rig rely.

The worldwide rig rely for April 2020 was 915 down 144 from the 1,059 counted in March 2020, and down 147 from the 1,062 counted in April 2019.

The
worldwide offshore rig rely for April 2020 was 228, down 16 from the 244
counted in March 2020, and down 23 from the 251 counted in April 2019.

Looking at
separate areas, the Asia Pacific area had the best variety of offshore
rigs throughout April 2020, totalling 96 items – 2 lower than in March 2020. This is
down three rigs from 99 in April 2019.

In the Middle East area, there have been 53 rigs lively throughout April 2020, down 2 from March 2020 and down three from April 2019.

Latin America
remains to be holding third place within the offshore rig rely for April 2020 with 36
lively items. Europe has moved again to fourth place with 23, whereas Africa dropped
to fifth place with 20 lively items – a big drop from the 30 in March 2020.

The common
U.S. rig rely for April 2020 was 566, down 206 from the 772 counted in March
2020, and down 446 from the 1,012 counted in April 2019.

The common
Canadian rig rely for April 2020 was 33, down 100 from the 133 counted in
March 2020, and down 33 from the 66 counted in April 2019.

The worldwide
rig rely for April 2020 was 1,514, down 450 from the 1,964 counted in March
2020, and down 626 from the two,140 counted in April 2019.

The worldwide offshore rig rely for April 2020 was 247, down 19 from 266 in March 2020 in addition to 28 from the 275 in April 2019.

Source: Baker Hughes

Photo by: Rab Lawrence – beneath the CC BY 2.zero license

The submit April sees steep decline in worldwide offshore rig rely appeared first on Offshore Energy.

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