International oil rig count rises in November: Baker Hughes

02/12/2023 Argaam

The international rig count increased by 17 units in November to 1,794 from 1,777 in October, data from energy services firm Baker Hughes showed.

 

The oil rigs in the Middle East rose 10 units month-on-month (MoM) to 347 and 17 year-on-year (YoY).

 

Meanwhile, the international oil and gas rig count, except for the US and Canada, rose by 16 units MoM to 978.
 

Oil & Gas Rigs

Region

Year Before

October

November

MoM Change

YoY Change

Middle East

330

337

347

10

17

Total (exc. North America)

910

962

978

16

68
 

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