The international rig count decreased by 92 units year-on-year (YoY), but rose 22 month-on-month (MoM) in July, bringing the total count to 1,621, data of energy services firm Baker Hughes showed.
The oil rigs in the Middle East declined MoM and by 11 YoY to 334.
The international rig count, except for the US and Canada, MoM to 914, but retreated by 20 YoY.
Oil Gas Rigs
Region
A year Earlier
June
July
MonthlyChange
YearlyChange
Middle East
345
339
334
(5)
(11)
Total (Excluding the US and Canada)
934
913
914
+1
(20)
The international rig count decreased by 92 units year-on-year (YoY), but rose 22 month-on-month (MoM) in July, bringing the total count to 1,621, data of energy services firm Baker Hughes showed.
The oil rigs in the Middle East declined MoM and by 11 YoY to 334.
The international rig count, except for the US and Canada, MoM to 914, but retreated by 20 YoY.
Oil Gas Rigs
Region
A year Earlier
June
July
MonthlyChange
YearlyChange
Middle East
345
339
334
(5)
(11)
Total (Excluding the US and Canada)
934
913
914
+1
(20)
