International rigs up 4% from October
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The international rig count for November was 935, up 32 from 903 in October, and up 59 from 876 November 2004, Baker Hughes Inc. said Nov. 7. Including North America, the worldwide rig count for November was 3,021, up 98 from 2,923 in October and up 436 from 2,585 in November 2004.
The international offshore rig count was 267, up three from 264 in October, and up eight from 259 in November 2004.
Most rigs in Latin America Latin America had the most rigs working, 318, up 23 from 295 in October and up from 317 in November 2004. In the Middle East 256 rigs were working, down three from 259 in October, but up from 239 in November 2004. In Asia Pacific there were 237 rigs working, up four from 233 in October and up from 202 in November 2004. Seventy-five rigs were working in Europe, up five from 70 in October and up from 69 in November 2004. There were 49 rigs working in Africa, up three from 46 in October but the same count as the 49 rigs working in November 2004.
The November land-offshore rig breakout by region was: Europe, 25 land and 50 offshore; Middle East 221 land and 35 offshore; Africa 38 land and 11 offshore; Latin America 253 land and 65 offshore; and Asia Pacific 131 land and 106 offshore.
—Petroleum News
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