International rigs count falls in July: Baker Hughes

02/08/2024 ِArgaam

International rigs count falls in July: Baker Hughes


The international rig count decreased by 106 units year-on-year (YoY) in July, but rose by seven units month-month (MoM), bringing the total count to 1,713, data of energy services firm Baker Hughes showed.

 

The oil rigs in the Middle East rose by three units MoM and 11 YoY, reaching a total of 345.

 

The international rig count, except for the US and Canada, fell by 23 units MoM to 934.

 

Oil & Gas Rigs

Region

A year earlier

June

July

MoM Change

YoY Change

Middle East

334

342

345

3

11

Total (excluding North America)

961

957

934

(23)

(27)

 

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