International offshore rig count sinks to 204 units

The international offshore rig count for July 2017 dropped by 22 units year-over-year, Baker Hughes, a GE company, said in its monthly report on Monday. 

Namely, according to Baker Hughes’ report, the international offshore rig count for July 2017 was 204, up 7 from the 197 counted in June 2017, and down 22 from the 226 counted in July 2016.

The international rig count, which includes land and offshore rigs, for July 2017 was 959, down 1 from the 960 counted in June 2017, and up 21 from the 938 counted in July 2016.

The average US rig count for July 2017 was 953, up 22 from the 931 counted in June 2017, and up 504 from the 449 counted in July 2016.

The average Canadian rig count for July 2017 was 198, up 48 from the 150 counted in June 2017, and up 104 from the 94 counted in July 2016.

The worldwide rig count, which includes international and US and Canadian rig counts, for July 2017 was 2,110, up 69 from the 2,041 counted in June 2017, and up 629 from the 1,481 counted in July 2016.

Specifically, the worldwide offshore rig count for July 2017 was 227, up 6 from 221 counted in June 2017, and down 21 from 248 counted in July 2016.

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