After a rocky month of gains and losses the U.S. rig count managed to end July in the green after adding five rigs.

According to Baker Hughes, the U.S. rig count climbed to 866 rigs last month, up from 861 rigs in June 2014 but still down from the 1,876 rigs counted in July 2014.

The U.S. land rig count climbed to 835 rigs, up from 833 rigs in July but still down from 1,819 rigs during the same period last year.

The U.S. offshore rig count added three rigs since June 2015, ticking up to 31 rigs compared to 57 rigs last year.


july rig count table big
Image courtesy of Baker Hughes. (Click to enlarge)


The international offshore rig count for July 2015 fell by 13 to 264 rigs while the international land rig count sank to 854 rigs from 869 in June.

The total number of international rigs drilling for oil and gas slid to 1,118 rigs, a 28 loss from June and down 264 rigs compared to July 2014.

Multiple weeks of additions helped send the Canadian rig count for July up by 54 rigs to 183, compared 350 rigs counted in July 2014.

The worldwide land rig count climbed to 1,868 rigs in July, up from 1,827 rigs in June but still down significantly from 3,213 rigs in July 2014.

The total worldwide rig count jumped by 31 rigs to 2,167 but is still down 1,441 from the 3,608 counted in July 2014.


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