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)
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)
