Exploration & Production

Egypt and Oman boost rig count in April

Egypt added one rig in April while Oman added two, more than offsetting a decline in drilling in Pakistan Egypt added one rig in April while Oman added two, more than offsetting a decline in drilling in Pakistan.
By Verity Ratcliffe 11 May 2018 0 30815
Map showing rig count in Middle East by country

The number of rigs targeting gas in the Middle East rose by 2.1% in April from the previous month, to 98. The rig count increased by 25% in both Egypt and Oman, which more than offset a decline in drilling in Pakistan. Just six rigs targeting gas were in operation in Pakistan during April, down from 10 rigs during the same month last year. 

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

  Apr 2018 Mar 2018 Feb 2018   Apr 2017 Apr 2016
Cyprus 0 0 1   0 0
Egypt 5 4 4   6 5
Kuwait 16 16 16   11 8
Oman 10 8 8   8 10
Pakistan 6 7 9   10 11
Qatar 1 1 1   1 2
Saudi Arabia 56 56 58   52 57
Source: Baker Hughes
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