Non-OPEC
Non-OPEC rig count stood at 2,538 rigs in May, which represents an increase of 100 rigs compared to the previous month. Of the total, 310 rigs were operating offshore and 2,228 onshore. In terms of oil and gas split, 805 rigs were drilling for oil, while the remainder were drilling for gas. Regionally, there were increases in North America, Western Europe, Other Asia, Latin America and Africa.
OPEC
OPEC rig count stood at 310 rigs in May, representing an increase of 2 rigs over the previous month. Gains took place in Iran (7), Nigeria (1), and Saudi Arabia (2). Of the total, 61 rigs were operating offshore and 249 onshore. In terms of oil and gas split, there were 250 oil rigs operating and the rest was gas rigs.
