International Rig Count Update

Baker Hughes issued their international rig count data last week, here is the break down:

The international rig count for March was 1,039, up 12 from the 1,027 counted in February, and up 67 from the 972 counted in March 2018.

Latin America is up 6 units from the previous month to 188 and is down 5 units year-over-year.

The Asia-Pacific region is down 6 units during the month to 234, and up from its year-ago average of 204.

Africa is up 14 units to 127 and up from its March 2018 average of 89.

Europe is up 1 units to reach 95 in March, and up 6 units year-over-year.

The Middle East is down 3 units month-over-month at 395, and down from its March 2018 average of 397.

Can get all the stats and more at BHE

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