Baker Hughes issued their international rig count data, here is the breakdown:
The international rig count for February is 930, up 15 units from the count in February and up 115 units from the 815 counted in February 2022.
Africa is up 3 units to 97 from the February count of 94 and up 10 units from its year ago average of 87.
The Asia-Pacific region is up 7 units to 209 from the February count of 202 units and is up 22 units from its year-ago average of 187.
Europe is up 7 units to 118 from the February count of 111 and up 40 units from its year ago average of 78.
Latin America is up 2 units to 183 from the February count of 181 and is up 23 units year over year.
The Middle East is down 4 units to 323 from the February count of 327 and up 20 units year over year.
Source: Baker
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