Baker Hughes issued their international rig count data, here is the breakdown:
The international rig count for February was 701, up 24 units from the count in January and down 384 units from the 1,085 counted in February 2020.
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Latin America is up 6 units to 125 from the January count of 119 units and is down 59 units year-over-year.
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The Asia-Pacific region is down 1 unit from the January count of 162 and down 63 units from its year-ago average of 224.
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Africa is up 6 units from the January count of 51 units and down 63 units from its February 2020 average of 120.
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Europe is up 4 units from the January count of 94 units, and down 32 units year-over-year.
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The Middle East is up 9 units from the December count of 251 units, and down 167 units year-over-year.
Source: Baker Hughes
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