McCoy Global Inc MCCRF

Baker Hughes data

[Possibleidiot01]

Total US Rig Count Increases: Rigs engaged in the exploration and production of oil and natural gas in the United States increased for the first time since March to 254 in the week through Aug 21, compared with the prior-week all-time low mark of 244, thanks to recovering oil prices. The current national rig count is, however, below the prior year’s 916.

The number of onshore rigs in the week ending Aug 21 totaled 240 versus the previous week’s 230. Notably, the tally of rigs operating offshore plays through the week till Aug 21 was 13, in line with the prior week count. Moreover, one rig operated in inland waters same as in the prior week.

On the other hand , international counts down
 

					July 2020								June 2020						July 2019
			Land		Offshore		Total		Month Variance		Land		Offshore		Total		Land		Offshore		Total
	Latin America		43		31		74		3		40		31		71		168		33		201
	Europe		82		23		105		-5		85		25		110		148		52		200
	Africa		55		1		56		-4		57		3		60		92		19		111
	Middle East		277		38		315		-28		299		44		343		367		57		424
	Asia Pacific		103		90		193		-4		106		91		197		132		94		226
	International		560		183		743		-38		587		194		781		907		255		1,162