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23 Apr
18:28

US, Canada each lose 1 rig on-week

Both the US and Canada posted minor losses in their respective rig counts in the week ended 23 April, according to energy services firm Baker Hughes. The US lost one net rig for a total of 438, down 27 from last year’s equivalent weekly count, Kallanish reports. The lone lost rig was geared for oil production. Texas led the net losses by state with three, while Pennsylvania led the net gains by state with one. One of the lost Texas rigs was classified as of…
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