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92

OPEC Monthly Oil Market Report – June 2016

Table 10.7: World Rig Count

Change

Change

2012 2013 2014 2015 15/14 2Q15 3Q15 4Q15 1Q16 Apr 16 May 16 May/Apr

US

1,919 1,761 1,862 977 -885 909 866 754 551 436 407

-29

Canada

364 354 380 192 -188 99 191 169 172

41

41

0

Mexico

106 106 86 52

-34 59 42 39 36

23

22

-1

Americas

2,390 2,221 2,327 1,221 -1,107 1,067 1,098 962 759 500 470

-30

Norway

17 20 17 17

1 18 18 15 18

17

17

0

UK

18 17 16 14

-2 14 13 12

9

8

9

1

Europe

119 135 145 117

-28 116 109 110 104

90

95

5

Asia Pacific

24 27 26 17

-9 17 16 15 10

6

7

1

Total OECD

2,533 2,383 2,499 1,355 -1,144 1,200 1,222 1,087 873 596 572

-24

Other Asia

172 180 194 175

-19 175 177 167 157 156 164

8

Latin America

180 166 172 145

-27 143 149 128 83

66

62

-4

Middle East

136 102 108 102

-6 98 100 106 98

90

94

4

Africa

7 16 28 11

-16 12

8

3

2

0

1

1

Total DCs

494 465 502 433

-69 428 435 404 340 312 321

9

Non-OPEC rig count

3,027 2,848 3,000 1,788 -1,213 1,628 1,657 1,492 1,213 908 893

-15

Algeria

36 47 48 51

3 52 51 49 52

55

55

0

Angola

9 11 15 11

-4 12

8 11

9

9

9

0

Ecuador

20 26 24 12

-12 15 12

4

3

3

2

-1

Indonesia

45 38 34 27

-7 28 24 24 19

17

19

Iran**

54 54 54 54

0 54 54 54 57

57

57

0

Iraq**

58 83 79 52

-27 53 47 51 49

43

43

0

Kuwait**

31 32 38 47

8 49 44 42 41

40

43

3

Libya**

9 15 10 3

-8

3

1

1

1

1

1

0

Nigeria

36 37 34 30

-4 29 28 28 27

25

25

0

Qatar

8 9 10 8

-3

8

7

6

7

7

7

0

Saudi Arabia

112 114 134 155

21 155 154 158 157 154 154

0

UAE

24 28 34 42

8 39 41 52 50

50

50

0

Venezuela

117 121 116 110

-6 105 114 112 111 111 102

-9

OPEC rig count

557 614 630 602

-29 602 585 590 583 572 567

-5

Worldwide rig count* 3,584 3,462 3,631 2,389 -1,241 2,231 2,242 2,082 1,796 1,480 1,460

-20

of which:

Oil

2,594 2,611 2,795 1,727 -1,068 1,616 1,606 1,471 1,268 1,057 1,038

-19

Gas

886 746 743 563 -180 516 536 509 422 318 309

-9

Others

106 109 95 100

5 98 99 102 106 105 113

8

Note:

Totals may not add up due to independent rounding.

* Excludes China and FSU.

na: Not available.

** Estimated figure when Baker Hughes Incorporated did

Sources: Baker Hughes Incorporated & Secretariat's estimates.

not reported the data.