Exploration & Production

Saudi Arabia boosts gas drilling in the Middle East

The number of rigs targeting gas in the Middle East rose by 2% month on month in May, to 100 rigs The number of rigs targeting gas in the Middle East rose by 2% month on month in May, to 100 rigs.
By Verity Ratcliffe 8 June 2018 0 31209
Operational rigs in Middle East targeting gas in May 2018

The number of rigs targeting gas in the Middle East rose by 2% month on month in May, to 100 rigs. The number of rigs targeting gas in Saudi Arabia rose from 56 to 60 – the kingdom’s highest rig count since March 2016. Pakistan’s gas-focused rig count also rose in May, while rig counts in Egypt, Oman and Abu Dhabi fell.

Middle East, East Med & Pakistan Rig Count (Targeting Gas)

  May 2018 Apr 2018 Mar 2018   May 2017 May 2016
Egypt 3 5 4   5 6
Kuwait 16 16 16   12 9
Oman 8 10 8   9 12
Pakistan 9 6 7   13 12
Qatar 1 1 1   1 2
Saudi Arabia 60 56 56   53 56
UAE – Abu Dhabi 3 4 4   4 5
Source: Baker Hughes...