International rigs count declines by 3 units in November: Baker Hughes

07/12/2022 Argaam

The international rig count decreased by three units month-on-month (MoM) to 1,890 in November, data of energy services firm Baker Hughes showed.

 

The international rig count, excluding the US and Canada, declined by one unit MoM to 910.

 

The oil rigs in the Middle East grew to 330 units MoM and rose by 54 year-on-year (YoY).

 

Oil & Gas Rigs

Region

A year earlier

November

October

MoM Change

YoY Change

Middle East

276

326

330

4

54

Total (excluding North America)

817

911

910

(1)

93

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