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14 May
18:31

US rigs rise by 5, Canada up 4

Both the US and Canadian rig counts experienced minor increases in the week ended 14 May, Kallanish learns from energy industry service firm Baker Hughes.  The US rig count increased by five net rigs to 453, up 114 from the equivalent count last year.  Rigs geared for oil production increased by eight, while rigs geared for natural gas production decreased by three.  Louisiana led the notable net gains by state with three, while Texas posted the c…
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