Exploration & Production

Middle East gas rig count edges downwards in July

The number of rigs targeting gas in the Middle East fell by 1% in July from the previous month, to 98, with the largest month-on-month drop occurring in Pakistan The number of rigs targeting gas in the Middle East fell by 1% in July from the previous month, to 98, with the largest month-on-month drop occurring in Pakistan.
By Verity Ratcliffe 11 August 2017 0 27144

The number of rigs targeting gas in the Middle East fell by 1% in July from the previous month, to 98. The largest month-on-month drop in exploration was in Pakistan, which had only eight rigs in operation during July compared with 11 in June. However, the country’s energy sector may gain more attention following the appointment of former Natural Resources Minister Shahid Khaqan Abbasi as interim prime minister at the end of last month.

Elsewhere, Egypt’s rig count fell by 16.7%, but Oman and Saudi Arabia...