Baker Hughes announced the average U.S. rig count for July 2015 was 866, up five from the 861 counted in June 2015, and down 1,010 from the 1,876 counted in July 2014. The worldwide rig count for July was down 40% year-over-year.

Baker Hughes also noted the following:

• The international rig count for July 2015 was 1,118, down 28 from the 1,146 counted in June 2015, and down 264 from the 1,382 counted in July 2014.
• The international offshore rig count for July 2015 was 264, down 13 from the 277 counted in June 2015, and down 72 from the 336 counted in July 2014.
• The average Canadian rig count for July 2015 was 183, up 54 from the 129 counted in June 2015, and down 167 from the 350 counted in July 2014.
• The worldwide rig count for July 2015 was 2,167, up 31 from the 2,136 counted in June 2015, and down 1,441 from the 3,608 counted in July 2014.

Access the full report from Baker Hughes here.