Global rig count rises after two-month decline, GECF says

Jul 20, 2025 - 08:00
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Global rig count rises after two-month decline, GECF says
Global gas drilling activity picked up in May 2025, reversing a two-month decline, according to the latest monthly report by the Gas Exporting Countries Forum (GECF). The total number of active gas drilling rigs rose by 11 units month-on-month to reach 340 - a trend driven primarily by increased operations in North America and Algeria.