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19 Jun
18:28

US rigs fall by 13, Canada down 4

Both the US and Canadian rig counts continued to slide in the week ended 19 June, Kallanish learns from energy services company Baker Hughes.  The US rig count fell by 13 net rigs to 266, down 701 from last year’s equivalent weekly count.  Rigs geared for oil production fell by 10, while rigs geared for natural gas production fell by three.  New Mexico led the notable net losses by state with five, while Texas followed with three. No state p…
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