U.S. drillers upbeatOver a two-year period, the U.S. fleet suffered only a net three-rig loss Petroleum News
The U.S. drilling rig market is coming back nicely following a tough 2002, but the recovery “is slower than would be expected” given this year's robust oil and gas prices, researchers concluded in the closely watched ReedHycalog annual survey of rig contractors.
Sixty contractors participated in th....
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45 rigs leave U.S. but fleet size only drops by three over two-year period Rig utilization down from 2001
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