Global land rig market to tighten as Middle East, Latin America drive demand, Westwood says

Westwood forecasts Middle East land rig demand will rise 60% by 2035 and global utilization will climb to 53%, as demand grows in Latin America and the rig…

1 sources · 1 articles · updated 2026-11-03 13:58 UTC · energy

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1. Global land rig market to tighten as Middle East, Latin America drive demand, Westwood says

   World Oil · 2026-11-03 13:58 UTC

   Westwood forecasts Middle East land rig demand will rise 60% by 2035 and global utilization will climb to 53%, as demand grows in Latin America and the rig fleet shrinks.

   Summary on nerom.app