Baker Hughes: International rig count down 24 units in August

The international rig count for July reached 1,138 units, a decline of 24 from July and an increase of 130 from August 2018, according to Baker Hughes data. The international offshore rig count for August was 244, down 11 units from July.

The international rig count for July reached 1,138 units, a decline of 24 from July and an increase of 130 from August 2018, according to Baker Hughes data (OGJ Online, Aug. 13, 2019).

The international offshore rig count for August was 244, down 11 units from July and up 32 units from August 2018.

The worldwide rig count for August was 2,206, down 32 units from July and down 72 units from August 2018.

The average US rig count for August was 926, down 29 units from July and down 124 units from August 2018.

Europe is down 7 units with 193 in August and up 108 units year-over-year. Effective June 7, Ukraine has been added to the Baker Hughes International Rig Count.

Latin America is down 7 units from the previous month at 194 and up 2 units year-over-year.

The Asia-Pacific region is down 6 units to 220 and down 5 units from its year-ago average.

The Middle East is down 8 units month-over-month to 416 and up 14 units year-over-year.

The average Canadian rig count for August was 142, up 21 units from July and down 78 units from the 220 counted in August 2018.

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