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Monthly rig counts show signs of strengthening through August 2020

Baker Hughes August 2020 rig counts

Baker Hughes announced that the Baker Hughes international rig count for August 2020 was 747, up 4 from the 743 counted in July 2020, and down 391 from the 1,138 counted in August 2019. The international offshore rig count for August 2020 was 184, up 1 from the 183 counted in July 2020, and down 60 from the 244 counted in August 2019.

The average U.S. rig count for August 2020 was 250, down 5 from the 255 counted in July 2020, and down 679 from the 926 counted in August 2019. The average Canadian rig count for August 2020 was 53, up 21 from the 32 counted in July 2020, and down 89 from the 142 counted in August 2019.

The worldwide rig count for August 2020 was 1,050, up 20 from the 1,030 counted in July 2020, and down 1,156 from the 2,206 counted in August 2019.

Beginning September 2020, the monthly international rig count will be distributed using the same email alert-based subscription system as the weekly North America rig count. A monthly press release will no longer be distributed following the August 2020 rig count. The subscription system is available free-of-charge and is available by clicking here to join on the rig count website.

Company info

2929 Allen Parkway, Suite 2100
Houston, TX
US, 77019-2118

Website:
bakerhughes.com

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