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2017 is off to a good start with seven sales and we have several more pending. Marcon ended 2016 with passing the 1,000,000BHP sold or chartered in tugs milestone with its 19th and final transaction of the year. Two 5,000HP twin screw and ASD tugs continue to be fixed on previously arranged long-term charters in the U.S. and Latin America. Looking back over the past 36 years, we have averaged about 40 sales/charters per year.

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Baker Hughes Rig Count

Baker Hughes Announces April 2017 Rig Counts
HOUSTON--(BUSINESS WIRE)--May 5, 2017-- Baker Hughes Incorporated (NYSE:BHI) announced today that the international offshore rig count for April 2017 was 201, up 4 from the 197 counted in March 2017, and down 19 from the 220 counted in April 2016. 

The average U.S. offshore rig count for April 2017 was 20, up 1 from the 19 that were counted in March 2017 and down 6 from the 26 that were counted in April 2016.

Additional detailed information on the Baker Hughes rig counts is available here.

April 2017 Rotary Rig Counts



About the Baker Hughes Rig Counts
The Baker Hughes Rotary Rig Counts are counts of the number of drilling rigs actively exploring for or developing oil or natural gas in the United States, Canada and international markets.  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 US and Canadian drilling activity.  Baker Hughes initiated the monthly international rig count in 1975. North American rig count data 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 5th working day of the month. Additional detailed information on the Baker Hughes rig counts is available from its website. Baker Hughes provides reservoir consulting, drilling, pressure pumping, formation evaluation, completion and production products and services to the worldwide oil and gas industry.

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Marcon International, Inc. P.O.Box 1170, 9 NW Front Street, Coupeville, WA 98239 USA
Phone:360-678-8880 | Fax: 360-678-8890 | email info@marcon.com
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