International oil rig count falls in October: Baker Hughes
03/11/2023
Argaam
Oil drilling rigs
The international rig count decreased by 17 units month-on-month (MoM) in October to 1,777, data from energy services firm Baker Hughes showed.
The oil rigs in the Middle East rose 10 units MoM to 337 and 11 year-on-year (YoY).
Meanwhile, the international oil and gas rig count, except for the US and Canada, decreased by 22 units MoM to 962.
|
Oil & Gas Rigs |
|||||
|
Region |
Year Before |
September |
October |
MoM Change |
YoY Change |
|
Middle East |
326 |
327 |
337 |
10 |
11 |
|
Total (excluding North America) |
911 |
940 |
962 |
(22) |
51 |
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