Baker Hughes: International rig count up 4 units in August
The international rig count for August reached 747, up 4 units from July and down 391 units from the 1,138 counted in August 2019, according to Baker Hughes data (OGJ Online, Aug. 7, 2020).
The international offshore rig count for August was 184, up 1 unit from July, and down 60 units from the 244 counted in August 2019.
The worldwide rig count for August was 1,050, up 20 units from the 1,030 counted in July, and down 1,156 units from the 2,206 counted in August 2019.
The average US rig count for August was 250, down 5 from July, and down 679 from the 926 counted in August 2019.
Europe was up 4 units with 109 in August and down 84 units year-over-year.
Latin America is up 1 unit from the previous month with 75 units and down 119 units year-over-year.
The Asia-Pacific region is up 7 with 200 units month-over-month and down 20 units from its year-ago average.
The Middle East down 14 units month-over-month at 301 and down 115 units year-over-year.
The average Canadian rig count for August was 53, up 21 units from the 32 counted in July, and down 89 units from the 142 counted in August 2019.