Exploration & Production

Gas drilling ticks up in Middle East

The number of rigs targeting gas in the Middle East ticked up to 93 in January as a result of exploration off Cyprus The number of rigs targeting gas in the Middle East ticked up to 93 in January as a result of exploration off Cyprus.
By Verity Ratcliffe 16 February 2018 0 29612

The number of rigs targeting gas in the Middle East ticked up to 93 in January from 92 in December. Declines in Egypt, Oman and Pakistan were offset by an increased number of rigs targeting gas in Saudi Arabia, where the rig count stood at 57 in January. Eni’s exploration of Block 6 offshore Cyprus caused the overall number of rigs in operation to rise by one.

Middle East, East Mediterranean & Pakistan rig count (targeting gas)

  Jan 2018 Dec 2017 Nov 2017   Jan 2017 Jan 2016
Cyprus 1 0 0   0 0
Egypt 4 6 4   4 11
Kuwait 12 12 12   11 5
Oman 8 9 9   12 15
Pakistan 8 9 9   9 10
Qatar 0 0 0   0 2
Saudi Arabia 57 53 50   52 56
UAE – Abu...