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Appendix

OPEC Monthly Oil Market Report – October 2017

91

Table 11 - 5: World rig count, units

Change

Change

2014 2015 2016 2016/15 4Q16 1Q17 2Q17 3Q17 Aug 17 Sep 17 Sep/Aug

US

1,862 977 509

-468

586 739 892 947

948

940

-8

Canada

380 192 131

-61

180 299 115 208

217

209

-8

Mexico

86 52 26

-26

19 17 23 18

18

15

-3

OECD Americas

2,327 1,221 665

-556

785 1,054 1,030 1,174 1,183 1,164

-19

Norway

17 17 17

-1

13 14 17 13

15

11

-4

UK

16 14

9

-5

9

9

9 11

12

11

-1

OECD Europe

145 117 96

-21

94 100 92 88

91

91

0

OECD Asia Pacific

26 17

7

-11

6 14 17 15

15

16

1

Total OECD

2,499 1,355 768

-587

885 1,168 1,139 1,277 1,289 1,271

-18

Other Asia*

228 202 180

-22

181 184 182 178

180

173

-7

Latin America

172 145 68

-77

64 61 62 75

78

71

-7

Middle East

108 102 88

-14

75 74 76 75

75

76

1

Africa

45 29 17

-12

16 15 17 17

17

16

-1

Total DCs

553 478 353

-125

336 334 337 346

350

336

-14

Non-OPEC rig count

3,052 1,833 1,121

-712

1,222 1,502 1,477 1,622 1,639 1,607

-32

Algeria

48 51 54

3

53 51 56 54

55

50

-5

Angola

15 11

6

-5

3

3

3

2

2

3

1

Ecuador

24 12

4

-8

6

7

8

5

5

5

0

Eqatorial Guinea**

1

1

1

0

1

1

1

1

1

1

0

Gabon

7

4

1

-3

0

0

1

1

1

1

0

Iran**

54 54 59

5

61 61 61 61

61

61

0

Iraq**

79 52 43

-9

41 41 49 54

53

55

2

Kuwait**

38 47 44

-2

46 55 55 53

52

53

1

Libya**

10

3

1

-2

1

1

1

1

1

1

0

Nigeria

34 30 25

-5

23 27 28 27

27

27

0

Qatar

10

8

8

0

10 11 11 10

10

10

0

Saudi Arabia

134 155 156

1

157 152 150 148

146

148

2

UAE

34 42 51

8

52 50 51 53

54

52

-2

Venezuela

116 110 100

-10

92 95 95 89

90

86

-4

OPEC rig count

604 579 552

-27

547 554 568 561

558

553

-5

World rig count***

3,656 2,412 1,673

-740

1,769 2,056 2,045 2,183 2,197 2,160

-37

of which:

Oil

2,818 1,750 1,189

-560

1,253 1,464 1,503 1,608 1,620 1,581

-39

Gas

743 563 370

-193

400 477 441 478

478

481

3

Others

95 100 113

14

116 115 101 98

99

98

-1

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.