International rig count declined by 152 YoY to 1,793, according to Baker Hughes
The international rig count declined by 152 units year-on-year (YoY), but rose by seven month-on-month (MoM) in August, bringing the total count to 1,793, data of energy services firm Baker Hughes showed.
The oil rigs in the Middle East increased MoM and to 501.
The international rig count, except for the US and Canada, declined by three MoM and by 66 YoY to 1,076.
Oil & Gas Rigs |
|||||
Region |
A year Earlier |
July |
August |
Monthly Change |
Yearly Change |
Middle East |
452 |
499 |
501 |
2 |
(49) |
Total (Excluding the US and Canada) |
1142 |
1079 |
1076 |
(3) |
(66) |
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