HOUSTON & LONDON--(BUSINESS WIRE)--Aug. 7, 2020-- Baker Hughes (NYSE: BKR) announced today that the Baker Hughes international rig count for July 2020 was 743 down 38 from the 781 counted in June 2020, and down 419 from the 1,162 counted in July 2019. The international offshore rig count for July 2020 was 183, down 11 from the 194 counted in June 2020, and down 72 from the 255 counted in July 2019.

The average U.S. rig count for July 2020 was 255, down 19 from the 274 counted in June 2020, and down 700 from the 955 counted in July 2019. The average Canadian rig count for July 2020 was 32, up 14 from the 18 counted in June 2020, and down 89 from the 121 counted in July 2019.

The worldwide rig count for July 2020 was 1,030, down 43 from the 1,073 counted in June 2020, and down 1,208 from the 2,238 counted in July 2019.

July 2020 Rig Counts

					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
	United States		243		12		255		-19		262		12		274		930		25		955
	Canada		31		1		32		14		16		2		18		118		3		121
	North America		274		13		287		-5		278		14		292		1,048		28		1,076
	Worldwide		834		196		1,030		-43		865		208		1,073		1,955		283		2,238

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.

About the Baker Hughes Rig Counts

The Baker Hughes rig counts are counts of the number of drilling rigs actively exploring for or developing oil or natural gas in the U.S., Canada and international markets. The Company has issued the rig counts as a service to the petroleum industry since 1944, when Hughes Tool Company began weekly counts of the U.S. and Canadian drilling activity. The monthly international rig count was initiated in 1975.

The North American rig count is scheduled to be released at noon Central Time on the last working day of each week. The international rig count is scheduled to be released on the last working day of the first week of the month at 5:00 a.m. Central Time. Additional detailed information on the Baker Hughes rig counts is available on our rig count site.

About Baker Hughes:

Baker Hughes (NYSE: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and with operations in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. Visit us at bakerhughes.com

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Investor Relations
Jud Bailey
+1 281-809-9088
investor.relations@bakerhughes.com

Media Relations
Thomas Millas
+1 910-515-7873
Thomas.millas@bakerhughes.com

Source: Baker Hughes