Baker Hughes issued their international rig count data, here is the breakdown:
The international rig count for July was 743, down 34 units from the count in June and down 419 from the 1,162 counted in July 2019.
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Latin America is up 3 units to 74 from the June count of 71 units and is down 127 units year-over-year.
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The Asia-Pacific region is down 4 units to 193 from the June count of 197 units and down 33 units from its year-ago average of 226.
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Africa is down 4 units from the June count of 60 units and down 55 units from its July 2019 average of 111.
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Europe is down 5 unit from the June count of 110 units, and down 95 units year-over-year.
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The Middle East is down 28 units from the June count of 343 units, and down 109 units year -over-year.
Source: Baker Hughes
