International rig count rise in June: Baker Hughes

01/07/2022 Argaam
Oil drilling rigs

Oil drilling rigs

The international rig count rose by 78 units month-on-month (MoM) in June, bringing the total count to 1,706, compared to 1,628 in May, data of energy services firm Baker Hughes showed.

 

The international rig count, except for the US and Canada, increased by seven units MoM to 824.

 

The oil rigs in the Middle East jumped by 11 MoM and 41 year-on-year (YoY) to 303.

 

Oil & Gas Rigs

Region

A year Earlier

May

June

Monthly

Change

Yearly

Change

Middle East

262

314

303

(11)

41

Total (Excluding the US and Canada)

758

817

824

7

66

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