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25 Feb
19:51

US, Canadian rig counts rise again

The latest weekly report from energy services firm Baker Hughes shows the number of operating oil and gas rigs in North America increased again last week. During the week ended 25 February, the North American rig count rose by nine to a total of 874 – an increase of 309 from year ago levels, Kallanish learns from the report. In the US, two net oil rigs and three gas rigs were added, for a total of 650 operating rigs during the week. The country’s coun…
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