International Rig Count up 87 units from last year

Baker Hughes issued their international rig count data, here is the breakdown:

The international rig count for September is 787, up 10 units from the count in August and up 87 units from the 702 counted in September 2020.

  • Latin America is up 2 units to a total of 140 from the August count of 138 units and up 57 units year-over-year.

  • The Asia-Pacific region is down 4 units for a total of 194 and up 25 units from its year-ago average of 169.

  • Africa is up 3 units to a total of 78 from the August count of 75 units and up 23 units from its September 2020 average of 55.

  • Europe is up 1 unit to a total of 106 from the August count of 105 units, and down 7 units year-over-year.

  • The Middle East is up 8 units to a total of 269 from the August count of 261 units, and down 13 units year-over-year.

Source: Baker Hughes

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