Baker Hughes: International rig count down 38 units in July

The international rig count for July reached 743, a decrease of 38 units from June and down 419 units from the 1,162 counted in July 2019, according to Baker Hughes data (OGJ Online, June 2, 2020).

The international offshore rig count for July was 183, down 11 units from June, and down 72 units from the 255 counted in July 2019.

The worldwide rig count for July was 1,030, down 43 units from the 1,073 counted in June, and down 1,208 units from the 2,238 counted in July 2019.

The average US rig count for July was 255, down 19 from June, and down 700 from the 955 counted in July 2019.

Europe was down 5 unit with 105 in July and down 95 units year-over-year.

Latin America is up 3 units from the previous month with 74 units and down 127 units year-over-year.

The Asia-Pacific region is down 4 with 193 units month-over-month and down 33 units from its year-ago average.

The Middle East down 28 units month-over-month at 315 and down 109 units year-over-year.

The average Canadian rig count for July was 32, up 14 units from the 18 counted in June, and down 89 units from the 121 counted in July 2019.