Oil drilling rigs
The international rig count decreased by 51 units month-on-month (MoM) in May, bringing the total count to 1,675, data of energy services firm Baker Hughes showed.
The oil rigs in the Middle East declined by two MoM to 341 units but rose year-on-year (YoY).
The international rig count, except for the US and Canada, declined by 25 units MoM to 953.
Oil & Gas Rigs |
|||||
Region |
A year earlier |
March |
April |
MoM Change |
Y-o-Y Change |
Middle East |
339 |
343 |
341 |
(2) |
2 |
Total (excluding North America) |
965 |
978 |
953 |
(25) |
(12) |
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