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Appendix

96

OPEC Monthly Oil Market Report – August 2017

Table 13 - 5: World rig count, units

Change

Change

2014 2015 2016 2016/15 3Q16 4Q16 1Q17 2Q17 Jun 17 Jul 17 Jul/Jun

US

1,862 977 509

-468

479 586 739 892

931

954

23

Canada

380 192 131

-61

122 180 299 115

150

199

49

Mexico

86 52 26

-26

25 19 17 23

24

21

-3

OECD Americas

2,327 1,221 665

-556

626 785 1,054 1,030 1,105 1,174

69

Norway

17 17 17

-1

18 13 14 17

15

13

-2

UK

16 14

9

-5

9

9

9

9

9

10

1

OECD Europe

145 117 96

-21

94 94 100 92

91

82

-9

OECD Asia Pacific

26 17

7

-11

5

6 14 17

14

14

0

Total OECD

2,499 1,355 768

-587

724 885 1,168 1,139 1,210 1,270

60

Other Asia*

228 202 180

-22

185 181 184 182

180

181

1

Latin America

172 145 68

-77

64 64 61 62

70

77

7

Middle East

108 102 88

-14

85 75 74 76

78

75

-3

Africa

45 29 17

-12

14 16 15 17

17

18

1

Total DCs

553 478 353

-125

348 336 334 337

345

351

6

Non-OPEC rig count

3,052 1,833 1,121

-712

1,072 1,222 1,502 1,477 1,555 1,621

66

Algeria

48 51 54

3

55 53 51 56

57

58

1

Angola

15 11

6

-5

4

3

3

3

2

2

0

Ecuador

24 12

4

-8

5

6

7

8

7

6

-1

Eqatorial Guinea**

1

1

1

0

1

1

1

1

1

1

0

Gabon

7

4

1

-3

0

0

0

1

1

1

0

Iran**

54 54 59

5

60 61 61 61

61

61

0

Iraq**

79 52 43

-9

39 41 41 49

51

53

2

Kuwait**

38 47 44

-2

47 46 55 55

56

55

-1

Libya**

10

3

1

-2

1

1

1

1

1

1

0

Nigeria

34 30 25

-5

24 23 27 28

27

28

1

Qatar

10

8

8

0

7 10 11 11

10

10

0

Saudi Arabia

134 155 156

1

155 157 152 150

150

150

0

UAE

34 42 51

8

51 52 50 51

51

53

2

Venezuela

116 110 100

-10

93 92 95 95

91

92

1

OPEC rig count

604 579 552

-27

543 547 554 568

566

571

5

World rig count***

3,656 2,412 1,673

-740

1,615 1,769 2,056 2,045 2,121 2,192

71

of which:

Oil

2,818 1,750 1,189

-560

1,153 1,253 1,464 1,503 1,578 1,622

44

Gas

743 563 370

-193

343 400 477 441

447

474

27

Others

95 100 113

14

119 116 115 101

96

96

0

Note: * Other Asia includes Indonesia.

** Estimated data when Baker Hughes Incorporated did not reported the data.

*** Data excludes China and FSU.

Totals may not add up due to independent rounding.

Sources: Baker Hughes Incorporated and OPEC Secretariat's estimates.