International rig countdeclinedby152 YoY to 1,793, according to Baker Hughes
The international rig countdeclinedby152unitsyear-on-year(YoY), but rose by seven month-on-month (MoM)inAugust, bringing the total count to 1,793, data of energy services firm Baker Hughes showed.
The oil rigs in the Middle Eastincreased MoM and to 501.
The international rig count, except for the US and Canada, declined by three MoM and by 66 YoY to1,076.
Oil Gas Rigs
Region
A year Earlier
July
August
MonthlyChange
YearlyChange
Middle East
452
499
501
2
(49)
Total (Excluding the US and Canada)
1142
1079
1076
(3)
(66)
International rig countdeclinedby152 YoY to 1,793, according to Baker Hughes
The international rig countdeclinedby152unitsyear-on-year(YoY), but rose by seven month-on-month (MoM)inAugust, bringing the total count to 1,793, data of energy services firm Baker Hughes showed.
The oil rigs in the Middle Eastincreased MoM and to 501.
The international rig count, except for the US and Canada, declined by three MoM and by 66 YoY to1,076.
Oil Gas Rigs
Region
A year Earlier
July
August
MonthlyChange
YearlyChange
Middle East
452
499
501
2
(49)
Total (Excluding the US and Canada)
1142
1079
1076
(3)
(66)

