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International Rig Count Down 321 Units Since May 2019

Rig Lynx
  • By Rig Lynx
  • Jun 06, 2020
  • Category : International Rig Count
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Baker Hughes issued their international rig count data, here is the break down:

The international rig count for May was 805, down 110 units from the count in April and down 321 from the 1126 counted in May 2019.

Latin America is down 27 units to 62 from the April count of 89 units and is down 117 units year-over-year.

The Asia-Pacific region is up 5 units to 196 from the April count of 191 units and down 32 units from its year-ago average of 228.

Africa is down 42 units from the April count of 103 units and down 62 units from its May 2019 average of 123.

Europe is down 1 unit from the April count of 112 units, and down 75 units year-over-year.

The Middle East is down 45 units from the April count of 420 units, and down 35 units year -over-year.

Source: Baker Hughes

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