International rig count slumps in November: Baker Hughes
06/12/2024
Argaam
The international rig count dropped sharply by 46 units in November month-month (MoM) and 86 year-on-year (YoY) to 1,708, data of energy services firm Baker Hughes showed.
Oil rigs in the Middle East fell six MoM reaching a total of 336.
The international rig count, except for the US and Canada, declined 31 units MoM to 919 in November.
|
Oil & Gas Rigs |
|||||
|
Region |
A year earlier |
October |
November |
MoM Change |
YoY Change |
|
Middle East |
347 |
342 |
336 |
(6) |
(11) |
|
Total (excluding North America) |
978 |
950 |
919 |
(31) |
(59) |
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