Aramco to use record rig count in 2013
- Saudi Arabia: Wednesday, January 23 - 2013 at 05:17
Saudi Aramco plans use a record number of rigs this year, more than 170, to search for unconventional gas while drilling for oil needed to maintain the world's biggest spare capacity cushion, Reuters has reported, citing three industry sources. The world's biggest oil producer is to deploy an additional 30 rigs this year, taking its total to over 170, to search for gas to meet rapidly rising demand at home while maintaining its oil production capacity at 12.5 million barrels per day (bpd) as flows from some older fields decline, the sources said. The additional rigs would be deployed mostly in north-western parts of the kingdom where Aramco plans to explore for unconventional gas, drill deep offshore in the Red Sea, and develop oil prospects, they said.
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