Baker Hughes issued their international rig count data, here is the breakdown:
The international rig count for January was 677, up 12 units from the count in December and down 401 units from the 1,078 counted in January 2020.
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Latin America is up 10 units to 119 from the December count of 109 units and is down 60 units year-over-year.
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The Asia-Pacific region is down 2 units from the December count of 164 and down 60 units from its year-ago average of 226.
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Africa is down 2 units from the December count of 53 units and down 63 units from its January 2020 average of 114.
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Europe is down 3 units from the December count of 97 units, and down 39 units year-over-year.
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The Middle East is up 9 units from the December count of 242 units, and down 179 units year-over-year.
Source: Baker Hughes
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