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12 Jun
18:05

US rigs fall by 5, Canada unchanged

The US rig count continued to fall in the week ended 12 June, while the Canadian count remained unchanged, Kallanish learns from energy services company Baker Hughes.  The US rig count fell by five net rigs to 279, down 690 from last year.  Rigs geared for oil production fell by seven, while rigs geared for natural gas production rose by two.  West Virginia and New Mexico led the notable net losses by state with two each, and Pennsylvania led the …
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