International Rotary Rig Count					Change		Percent Change
		December 2011	November 2011	December 2010	Monthly	Annual	Monthly	Annual
International	Oil	922	913	852	9	70	1.0%	8.2%
	Gas	216	223	226	-7	-10	-3.1%	-4.4%
	Misc.	42	49	40	-7	2	-14.3%	5.0%
	Land	881	883	815	-2	66	-0.2%	8.1%
	Offshore	299	302	303	-3	-4	-1.0%	-1.3%
	Total	1180	1185	1118	-5	62	-0.4%	5.5%
Europe	Oil	66	68	69	-2	-3	-2.9%	-4.3%
	Gas	32	37	24	-5	8	-13.5%	33.3%
	Misc.	14	17	12	-3	2	-17.6%	16.7%
	Land	70	74	56	-4	14	-5.4%	25.0%
	Offshore	42	48	49	-6	-7	-12.5%	-14.3%
	Total	112	122	105	-10	7	-8.2%	6.7%
Middle East	Oil	230	230	182	0	48	0.0%	26.4%
	Gas	74	77	85	-3	-11	-3.9%	-12.9%
	Misc.	0	1	0	-1	0	-100.0%	N.A.
	Land	263	269	236	-6	27	-2.2%	11.4%
	Offshore	41	39	31	2	10	5.1%	32.3%
	Total	304	308	267	-4	37	-1.3%	13.9%
Africa	Oil	63	65	63	-2	0	-3.1%	0.0%
	Gas	11	15	13	-4	-2	-26.7%	-15.4%
	Misc.	5	6	3	-1	2	-16.7%	66.7%
	Land	48	55	53	-7	-5	-12.7%	-9.4%
	Offshore	31	31	26	0	5	0.0%	19.2%
	Total	79	86	79	-7	0	-8.1%	0.0%
Latin America	Oil	381	369	329	12	52	3.3%	15.8%
	Gas	53	48	50	5	3	10.4%	6.0%
	Misc.	4	5	6	-1	-2	-20.0%	-33.3%
	Land	349	335	313	14	36	4.2%	11.5%
	Offshore	89	87	72	2	17	2.3%	23.6%
	Total	438	422	385	16	53	3.8%	13.8%
Asian Pacific	Oil	182	181	209	1	-27	0.6%	-12.9%
	Gas	46	46	54	0	-8	0.0%	-14.8%
	Misc.	19	20	19	-1	0	-5.0%	0.0%
	Land	151	150	157	1	-6	0.7%	-3.8%
	Offshore	96	97	125	-1	-29	-1.0%	-23.2%
	Total	247	247	282	0	-35	0.0%	-12.4%

Copyright 1999-2012 by James L. Williams
	James L. Williams WTRG Economics  P.O. Box 250 London, Arkansas 72847 Phone: (479) 293-4081
To contact us or if you have comments or suggestions,  email WTRG at wtrg@wtrg.com