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Non-OPEC rig count stood at 2,625 rigs in October, which represents an increase of 67 rigs compared to the previous month. Of the total, 289 rigs were operating offshore and 2,336 onshore. In terms of the oil and gas split, there were 637 oil rigs and 1,972 gas rigs. The number of oil rigs declined by 138 over the previous month. Regionally, North America gained 57 rigs, while Western Europe gained 3 rigs and OECD Pacific lost
2 rigs. The Middle East, Africa, Latin America and rest of Asia gained 8 rigs.
OPEC rig count was 279 in October, unchanged from last month. Increases took place in Kuwait (3), Saudi Arabia (4), and Venezuela (1). These gains were partly offset by declines in other OPEC Countries. Of the total, 210 rigs were operating onshore and 69 rigs offshore and in terms of oil and gas split, there were 227 oil rigs whilst the remainder was gas and other rigs.
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