International rigs count drops 45 units in September: Baker Hughes

09/10/2020 Argaam

The international rig count – excluding US and Canada – saw a decrease of 45 units month-on-month (MoM) in Sept. 2020, bringing the total count to 702, Baker Hughes energy services firm, a subsidiary of General Electric Co., said in its rig count report.

 

The rig count in Asia-Pacific fell 31 to 169 in Sept., compared with August.

 

The rig count in the Middle East also dropped to 282 last month.

 

The rig count tumbled by 31 units worldwide to 1,019 in Sept., from 1,050 in August 2020.

 

Oil & Gas Rigs

Region

A year earlier

Sept.

August

MoM variation

Y-o-Y variation

Middle East

425

301

282

(19)

(143)

Total (excluding North America)

1,131

747

702

(45)

(429)

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