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20 Nov
18:16

US rigs fall by 2, Canada up 12

The US rig count retreated slightly in the week ended 20 November, while the Canadian count posted double-digit gains, Kallanish learns from energy services company Baker Hughes.  The US rig count fell by two net rigs to 310, still down 493 from the equivalent week last year.  Rigs geared for oil production increased by five, and rigs geared for natural gas production fell by three.  New Mexico led the notable net gains by state with two, while th…
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