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Saudi Arabia is one of the very few countries which has increased its drilling for new oil and gas wells since prices began to slump in the middle of 2014 .However, the number of rigs operating in Saudi Arabia has climbed from 105 to 126 over the same period, according to oil field services company Baker Hughes.The only other countries to report a significant increase in rig counts were the United Arab Emirates and Kuwait, which produce from the same petroleum basin as Saudi Arabia.On the gas side, the increased number of rigs operating is consistent with Saudi Arabia's strategy of switching power generation to gas from oil, reserving more valuable crude for refining or exporting.
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