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18 Mar
17:49

Canada’s rig count drops significantly, US steady

The number of active oil and gas rigs in North America dropped dramatically during the week ended 18 March as Canada removed a large number of rigs from operation, Kallanish learns from the latest Baker Hughes report. Canada’s rig count declined by 30 from the previous week as the number of net oil and gas rigs dropped by 24 and six, respectively. This brings Canada’s total count to 176 for the week – still 84 more rigs than were operating at thi…
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