US rig count continues tumble: 1944 was first count, 301 new low
Kristen Nelson Petroleum News
Baker Hughes’ weekly count of rotary rigs drilling in the U.S., issued since 1944, continues to drop, setting a new low of 301 for the week ending May 29, down 17 from the previous week and down 683 from a year ago.
Prior to this year, the low count by the Houston oilfield services company was 404....
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Alaska count unchanged
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