International Rig Count Down 1 to 910 Units

Baker Hughes issued their international rig count data, here is the breakdown:

The international rig count for November is 910, is down 1 unit from the count in November and up 93 units from the 817 counted in November 2021.

Latin America is down 3 units to 185 from the October count of 188 and is up 30 units year over year.

The Asia-Pacific region is down 4 units to 202 from the October count of 206 units and is up 7 units from its year-ago average of 195.

Africa is up 7 units to 91 from the October count of 84 and up 7 units from its year ago average of 84.

Europe is down 5 units to 102 from the October count of 107 and up 5 units from its year ago average of 107.

The Middle East is up 4 units to 330 from the October count of 326 and up 55 units year-over-year.

Source: Baker

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