US drilling rig count drops 1 to 987
Petroleum News
The number of rigs drilling for oil and natural gas in the U.S. dropped by one the week ending May 17 to 987.
A year ago, the count was 1,046 active rigs.
Houston oilfield services company Baker Hughes reported that 802 rigs targeted oil (down three from the previous week) and 185 targeted natural....
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