Non-OPEC
Non-OPEC rig count stood at 2,878 rigs in August, which represents an increase of 2 rigs compared to the previous month. Of the total, 2,584 were operating onshore and the rest offshore. In terms of the oil and gas split, 899 rigs were drilling for oil, while the remainder were drilling for gas.
OPEC
OPEC rig count stood at 345 rigs in August, representing an increase of 18 rigs over the previous month. Gains took place in all countries except Algeria, UAE, and Venezuela. Of the total, 274 rigs were operating onshore and the rest offshore. In terms of the oil and gas split, there were 281 oil rigs operating and the rest was gas rigs.
