International rig count rises 20 units in July: Baker Hughes

07/08/2023 Argaam
Oil drilling rigs

Oil drilling rigs

The international rig count rose by 20 units month-on-month (MoM) in July to 1,820, data from energy services firm Baker Hughes showed.

 

The number of oil rigs in the Middle East increased by five units month on month (MoM) and by 25 year on year (YoY) to 334.

 

The international oil and gas rig count, except for the US and Canada, decreased by six units MoM to 961.

 

Oil & Gas Rigs

Region

A year earlier

June

July

MoM Change

YoY Change

Middle East

309

329

334

5

25

Total (excluding North America)

833

967

961

(6)

128
 

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