Number of active oil rigs in Latin America 2024, by country

Published by Statista Research Department, Feb 12, 2025

In December 2024, Mexico recorded the highest number of active oil rigs in Latin America, with 34 units in operation. Argentina followed closely, with 32 active rigs reported. Meanwhile in Brazil, by far the largest crude oil producer in Latin America, there were only 18 active oil rigs at the time.

Number of active oil rigs in Latin America at year end 2024, by country

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Release date

February 2025

Region

LAC

Survey time period

December 2024

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