Saudi Arabia Oil Rig Count (I:SAORRNM)
Level Chart
Basic Info
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Saudi Arabia Oil Rig Count is at a current level of 29.00, down from 31.00 last month and down from 34.00 one year ago. This is a change of -6.45% from last month and -14.71% from one year ago. |
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The Saudi Arabia Oil Rig Count is the number of active oil rigs throughout Saudi Arabia. While Saudi Arabia contains one of the largest deposits of proven oil reserves, the number of active rigs drilling is typically low as the main oil deposits are have already been drilled. They did markedly increase in the early 21st century as previously uneconomical oil deposits became drill-able due to technology advancements and Saudi Arabia worked to offset declining product from mature fields. |
| Report | Baker Hughes International Rotary Rig Count |
| Category | Energy |
| Region | Saudi Arabia |
| Source | Baker Hughes |
Stats
| Last Value | 29.00 |
| Latest Period | Apr 2024 |
| Last Updated | May 3 2024, 14:13 EDT |
| Next Release | Jun 7 2024, 12:00 EDT |
| Average Growth Rate | 3.39% |
| Value from Last Month | 31.00 |
| Change from Last Month | -6.45% |
| Value from 1 Year Ago | 34.00 |
| Change from 1 Year Ago | -14.71% |
| Frequency | Monthly |
| Adjustment | N/A |
| Download Source File | Upgrade |
Historical Data
| Date | Value |
|---|---|
| April 30, 2024 | 29.00 |
| March 31, 2024 | 31.00 |
| February 29, 2024 | 27.00 |
| January 31, 2024 | 31.00 |
| December 31, 2023 | 29.00 |
| November 30, 2023 | 29.00 |
| October 31, 2023 | 30.00 |
| September 30, 2023 | 29.00 |
| August 31, 2023 | 31.00 |
| July 31, 2023 | 29.00 |
| June 30, 2023 | 32.00 |
| May 31, 2023 | 29.00 |
| April 30, 2023 | 34.00 |
| March 31, 2023 | 31.00 |
| February 28, 2023 | 27.00 |
| January 31, 2023 | 29.00 |
| December 31, 2022 | 28.00 |
| November 30, 2022 | 30.00 |
| October 31, 2022 | 26.00 |
| September 30, 2022 | 26.00 |
| August 31, 2022 | 25.00 |
| July 31, 2022 | 25.00 |
| June 30, 2022 | 24.00 |
| May 31, 2022 | 25.00 |
| April 30, 2022 | 26.00 |
| Date | Value |
|---|---|
| March 31, 2022 | 27.00 |
| February 28, 2022 | 35.00 |
| January 31, 2022 | 32.00 |
| December 31, 2021 | 31.00 |
| November 30, 2021 | 27.00 |
| October 31, 2021 | 31.00 |
| September 30, 2021 | 31.00 |
| August 31, 2021 | 27.00 |
| July 31, 2021 | 27.00 |
| June 30, 2021 | 32.00 |
| May 31, 2021 | 32.00 |
| April 30, 2021 | 30.00 |
| March 31, 2021 | 31.00 |
| February 28, 2021 | 33.00 |
| January 31, 2021 | 33.00 |
| December 31, 2020 | 28.00 |
| November 30, 2020 | 32.00 |
| October 31, 2020 | 37.00 |
| September 30, 2020 | 50.00 |
| August 31, 2020 | 46.00 |
| July 31, 2020 | 48.00 |
| June 30, 2020 | 54.00 |
| May 31, 2020 | 53.00 |
| April 30, 2020 | 59.00 |
| March 31, 2020 | 60.00 |
Basic Info
|
Saudi Arabia Oil Rig Count is at a current level of 29.00, down from 31.00 last month and down from 34.00 one year ago. This is a change of -6.45% from last month and -14.71% from one year ago. |
|
The Saudi Arabia Oil Rig Count is the number of active oil rigs throughout Saudi Arabia. While Saudi Arabia contains one of the largest deposits of proven oil reserves, the number of active rigs drilling is typically low as the main oil deposits are have already been drilled. They did markedly increase in the early 21st century as previously uneconomical oil deposits became drill-able due to technology advancements and Saudi Arabia worked to offset declining product from mature fields. |
| Report | Baker Hughes International Rotary Rig Count |
| Category | Energy |
| Region | Saudi Arabia |
| Source | Baker Hughes |
Stats
| Last Value | 29.00 |
| Latest Period | Apr 2024 |
| Last Updated | May 3 2024, 14:13 EDT |
| Next Release | Jun 7 2024, 12:00 EDT |
| Average Growth Rate | 3.39% |
| Value from Last Month | 31.00 |
| Change from Last Month | -6.45% |
| Value from 1 Year Ago | 34.00 |
| Change from 1 Year Ago | -14.71% |
| Frequency | Monthly |
| Adjustment | N/A |
| Download Source File | Upgrade |