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2022-08-08 11:50:00

WORLDWIDE RIG COUNT UP 69 TO 1,775

WORLDWIDE RIG COUNT UP 69 TO 1,775

BAKER HUGHES - August 5, 2022 - 

International Rig Count is up 9 rigs from last month to 833 with land rigs up 12 to 633, offshore rigs down 3 to 200.

International Rig Count is up 82 rigs from last year's count of 751, with land rigs up 58, offshore rigs up 24.

The average U.S. Rig Count for July was 756 up 17 from last months count of 739 and up 272 year-over-year.

The average Canada Rig Count for May was 186 up 43 from last months count of 143 and up 41 year-over-year.

The Worldwide Rig Count for July was 1,775, up 69 from the 1,706 counted in June 2022,and up 395 from the 1,380 counted in July 2021.

 
Area Last Count Count Change from Prior Count Date of Prior Count Change from Last Year Date of Last Year's Count
U.S. 05 Aug
2022
764 -3 29 July
2022
+273 06 Aug
2021
Canada 05 Aug
2022
203 -1 29 July
2022
+47 06 Aug
2021
International July
2022
833 +9 June
2022
+82 July
2021

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Earlier:

WORLDWIDE RIG COUNT UP 69 TO 1,775
2022, August, 4, 11:00:00
OIL PRICE: BRENT ABOVE $96, WTI ABOVE $90
Brent rose 10 cents, or 0.1%, at $96.88 a barrel, WTI was up 21 cents, a 0.2% gain, at $90.87.
WORLDWIDE RIG COUNT UP 69 TO 1,775
2022, August, 4, 10:55:00
OPEC OIL PRICE: $104.86
The price of OPEC basket of thirteen crudes stood at $104.86 a barrel
WORLDWIDE RIG COUNT UP 69 TO 1,775
2022, August, 4, 10:50:00
OPEC + RUSSIA + 100 TBD
Adjust upward the production level for OPEC and non-OPEC Participating Countries by 0.1 mb/d for the month of September 2022
WORLDWIDE RIG COUNT UP 69 TO 1,775
2022, August, 4, 10:45:00
RUSSIAN OIL WITHOUT LIMITS
While the U.S. and European Union have already moved to ban imports of Russian oil into their ports, officials are now scrambling to curb Russia’s revenue from its oil sales globally and also avoid soaring energy prices during a time of high inflation.
WORLDWIDE RIG COUNT UP 69 TO 1,775
2022, July, 5, 11:45:00
WORLDWIDE RIG COUNT UP 78 TO 1,706
The Worldwide Rig Count for May was 1,706, up 78 from the 1,628 counted in May 2022,and up 381 from the 1,325 counted in May 2021.
WORLDWIDE RIG COUNT UP 69 TO 1,775
2022, July, 4, 13:10:00
OIL PRICE: BRENT ABOVE $111, WTI ABOVE $108
Brent fell 33 cents, or 0.3%, to $111.30 a barrel, WTI slipped 40 cents, or 0.4%, to $108.03.
WORLDWIDE RIG COUNT UP 69 TO 1,775
2022, July, 4, 13:05:00
OPEC OIL PRICE: $113.20
The price of OPEC basket of thirteen crudes stood at $113.20 a barrel
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Tags: OIL, GAS, RIG, COUNT