Exploration & Production

Asia Pacific rig count boosted by 12% in October

The Asia Pacific rig count increased by 12% month on month in October, reaching a four-month high of 46 active rigs The Asia Pacific rig count increased by 12% month on month in October, reaching a four-month high of 46 active rigs.
By Andrew Walker 17 November 2017 0 28432
Operational rigs in Asia Pacific targeting gas in October 2017.

The number of rigs drilling for gas in Asia Pacific reached 46 in October, a 12% increase both month on month and year on year. Indonesia was the only country to see its count fall in October, leaving it with just one rig. The three most active explorers in the region all saw their rig counts increase in October, with India’s total exceeding 20 for the first time since June. Japan has been drilling for methane hydrates this year as it seeks a means of...