‎International oil rig count declines in December

‎International oil rig count declines in December

Oil drilling rigs


The worldwide rig count reduced by 55 systems in December to 1,739 from 1,794 in November, information from energy services firm Baker Hughes revealed.

The oil well in the Middle East stopped by 11 systems month-on-month (MoM) to 336, however increased by 13 year-on-year (YoY).

The global oil and gas rig count, other than for the United States and Canada, dropped by 23 systems MoM to 955.

Oil & & Gas Rigs

Area

Year Before

November

December

Mother Change

YoY Change

Middle East

323

347

336

11

13

Overall (exc. The United States And Canada)

900

978

955

23

55

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