*Mideast Gulf countries saw their overall rig count rise by eight to a 13-month high for October, with the region’s three largest producers Saudi Arabia, the UAE and Iraq all posting substantial gains.
Gulf Rig Count Surges In October
Activity on key capacity expansion projects is picking up.
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Charts
1: Saudi’s Rig Count Hit A Year-High 68 For October With More Than Half Targeting Gas
2: Abu Dhabi’s Rig Count Rose By Four In October, All Oil Rigs
3: Kuwait’s Rig Count Fell Again To An 11-Year Low Of 21 For October
4: Iraq’s Rig Count Has Near-Doubled Over The Past Year To Hit 46 For October
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