Baker Hughes issued their international rig count data, here is the breakdown:
The international rig count for August is 860, up 27 units from the count in July and up 83 units from the 777 counted in August 2021.
Latin America is up 9 units to 172 from the July count of 163 and is up 34 units year over year.
The Asia-Pacific region was up 3 units to 199 from the July count of 196 units and is up 1 unit from its year-ago average of 198.
Africa is down 1 unit to 77 from the July count of 78 and up 2 units from its year ago average of 75.
Europe is up 17 units to 104 from the July count of 87 and down 1 unit year-over-year.
The Middle East is down 1 unit to a total of 308 from the July count of 309 units and up 47 units year-over-year.
Source: Baker
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