Energy Economist

International Land and Offshore Rotary Rig Count

December 2011 - Intenational Rotary Rig Report

International Rotary Rig Count Table - Oil, gas, onshore, offshore,  total rig count by region International Rotary Rig Count by target: Oil and Gas Worldwide Rotary Rig Count Graphs - Short and long term graphs of total rig count International Land and Offshore Rotary Rig Count - Short Term - Graphs & table of land and offshore. International Land and Offshore Rotary Rig Count - Long Term graphs & table of land and offshore. U.S. Rotary Rig Count Weekly Detail U.S. Rotary Rig Count - short and long term graphs North American Workover Rig Count

International Rotary Rig Count Land Offshore Change Percent Change December 2011 November 2011 December 2010 Monthly Annual Monthly Annual Foreign 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 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 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 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 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% Far East 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%

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Note: Crude Oil Prices are U.S. Average Wellhead Prices for all production: the last few months of price data are estimates and subject to revision.

Short Term International Rig Count Graphs

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