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04 Oct
18:26

US rigs fall by 5, Canada up 17

The US rig count slipped in the week ended 4 October, while the Canadian rig count rose by double digits, Kallanish learns from energy services company Baker Hughes. The US rig count fell by five net rigs to 855, down 197 from the equivalent week last year. Rigs geared for oil production fell by three, while rigs geared for natural gas production fell by two. Texas led the notable losses by state with four, followed by Oklahoma with three. New Mexico led t…
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